In this guest post, Stefan Wälde of AirPlus offers a primer on Request to Pay and highlights its potential for commercial transactions. In the digital age, customers have many options for paying for their products and services. For this reason alone, it was important and right that the European Payment Services Directive (PSD2) was implemented…
Industry consultants said CWT’s investment of millions of dollars into new products in China and the acquisition of a controlling stake in its joint venture there position the company well in the world’s largest business travel market. The travel management company on Monday announced a China version of its myCWT platform, a mobile-first approach featuring…
Wondering what Apple’s ambitions in payment mean for corporate travel? You’re not alone. Yael Klein of AirPlus International is here with her two cents. When Tim Cook introduced the new Apple Card in March as “the most significant change in the credit card experience in 50 years,” people obviously expected greatness. But what will we…
Artificial intelligence will mean many things to many industries. In travel management, it already helps to personalize booking experiences for travelers. Moving forward, it also will streamline workflows, minimize risk and generally alter service delivery. AirPlus International executive director of marketing Yael Klein discusses the potential as society feels its way through the early days…
Australia-based travel agency automation firm Troovo hit the scene a few years ago with robotics to handle various transaction processing and other agency mid-office functions. Now it’s starting to make some hay by applying those robotics to virtual payment processes. Orbit World Travel and QBT Travel have signed on. Spun out from a travel agency, Troovo…
San Diego – Industry players are working to smooth out the rough spots in virtual payment for managed travel. Even without commonality across all the players, many travel program managers are finding the benefits of virtual payment too good to pass up. Reducing fraud, streamlining reconciliation and making things easier for travelers without corporate plastic…
AirPlus International and Cornerstone Information Systems are working together on virtual card programs. According to an AirPlus official, the companies are piloting with select customers back-office integration through Cornerstone’s iQCX system. The official said clients would not need a virtual payment intermediary like Conferma. AirPlus first brought its virtual payment solution to the U.S. market…
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