Market Research Report
Global Online Travel Payment 2020
|Published by||yStats.com GmbH & Co. KG||Product code||922335|
|Published||Content info||90 Pages/Charts
Delivery time: 1-2 business days
|Global Online Travel Payment 2020|
|Published: January 16, 2020||Content info: 90 Pages/Charts||
"Digital Travel Payments Shift to Alternative Means."
Plastic has traditionally been the main mode of paying for travel bookings online. In the past several years, however, alternatives such as digital wallets and local payment schemes have gained popularity. A recent survey cited in the yStats.com report revealed that close to one in three consumers expect travel providers to offer multiple payment options. If not offered their preferred payment mean at the checkout, a double-digit share of respondents would feel frustrated.
With cart abandonment rates in travel & airlines sector being the highest across all E-Commerce sectors, businesses are taking their customers' concerns seriously and are adding a growing number of payment methods to their offerings. Furthermore, mobile checkout is being optimized by adding seamless payment methods such as mobile wallets.
Asia-Pacific, Europe, North America, Latin America, Middle East & Africa.
Mastercard Inc, Visa Inc, PayPal Inc, Airbnb Inc., Alibaba Group Holdings, Booking Holdings Inc, Tencent Holdings, easyJet Plc, Apple Inc, Cleartrip Pvt Ltd.