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Tuesday, June 27, 2017

New Skift Research Report: The State of Consumer Payments in Travel 2017

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June 23, 2017

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New Research Report: The State of Consumer Payments in Travel 2017

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In this report we explore the types of innovations shifting the payments ecosystem and identify how early adopters have been able to leverage new payment systems to drastically cut operating costs while giving consumers a better payment experience.

Payments lie at the core of every industry in the world and can become a complex topic, particularly for companies operating on a global scale dealing with virtually every currency. Changes in overall consumer habits can also have acute effects on the payments landscape. The vast move from desktop to mobile has been one of the greater challenges for travel brands and has sparked a multitude of tech solutions looking to overcome the "mobile payment gap."

This definitive report analyzes the intensely competitive landscape now playing out among metasearch brands in travel.

This report will cover:  

  • Emerging payment technologies
  • How businesses are turning consumer habits into new business models
  • Why mobile wallets matter
  • Why P2P wallets are attractive for both users and merchants
  • How chatbots are expected to reshape online payments
  • The rise of cryptocurrencies and their advantages
  • The Chinese outbound travelers' payment behavior

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