Around the world in 80 ways to pay
An in-depth analysis of global traveler payment preferences
Study analyzes the experiences of 5,000 global travelers and benchmarks 130 travel website payment pages.
Exploring key areas like flexibility, convenience, security, and transparency, it is essential for the industry's sustainable recovery and profitability. "Around the World in 80 Ways to Pay" presents a comprehensive exploration of the diverse payment methods shaping transactions across the globe. By traversing various regions and cultures, the report showcases the multitude of payment preferences and methods adopted by consumers worldwide.
74% of travelers will not make a purchase if their preferred payment method is unavailable. 49% said there isn't enough transparency when booking travel online.
From traditional cash transactions to innovative digital wallets and cryptocurrencies, the report unveils the rich tapestry of payment options available to businesses and consumers alike. Moreover, it sheds light on the importance of understanding local payment habits and preferences for businesses seeking to expand into new markets.
As the world becomes increasingly interconnected, embracing the multitude of payment options available can unlock new opportunities for businesses to thrive in an ever-expanding global economy.
Download to learn:
- How travel providers measure against customer expectations
- About the challenges and opportunities in payment processing, ranging from fees and fraud to market reach and conversion, critical for a robust growth strategy
- How to leverage seamless payment experiences to meet and exceed traveler expectations and boost sales