What challenges face the travel industry when it comes to global payments?

Thu 17 Mar 2016

Equiniti International Payments ran a survey to find out what global payments challenges face the travel industry

Equiniti International Payments recently conducted a survey as part of a market research exercise across the travel industry, to find out what the main challenges are for travel businesses when it comes to global payments.

The survey revealed that for 51% of travel companies, adverse currency fluctuations affect their business and that 49% of them perceive foreign exchange risk as a point of concern when displaying prices in local currencies.

A number of other statistics also revealed a level of complication with the industry's global payments capabilities:

For more information about how Equiniti International Payments can provide a complete global payments solution for your travel organisation, contact us.