Travel Payments

Virtual cards create single-use card numbers for each supplier payment, enabling automatic reconciliation and eliminating the need to share permanent card details. Multi-currency processing handles transactions in 150+ currencies with real-time foreign exchange conversion. Split payment technology distributes funds from a single booking across multiple suppliers (airline, hotel, transfer, experience). BNPL platforms enable installment payment at the booking stage, increasing conversion for higher-value trips. Real-time settlement reduces the days or weeks between booking payment and supplier payout. Payment orchestration routes each transaction through the optimal payment provider based on currency, cost, and acceptance rates. Stablecoin settlement enables near-instant, low-cost cross-border payments between travel platforms and international suppliers.

Virtual cards enable travel agencies to pay hotels and airlines through single-use card numbers that automatically reconcile with booking records. Flywire processes complex international tuition and travel payments across 150+ currencies with optimized exchange rates. BNPL at the booking stage lets travelers pay for $2,000+ vacations in 4-12 monthly installments, increasing booking conversion. Multi-currency pricing displays travel costs in the traveler's home currency while settling with suppliers in local currency. Payment orchestration routes each transaction through the optimal payment provider based on the specific currency pair and acceptance rates.

Travel payments serve the $1.5+ trillion annual global travel spending. Flywire ($2B+ market cap) leads complex international payments. Nium provides infrastructure for travel platforms. Adyen and Worldline process transactions for major airlines and OTAs. The B2B travel payment segment (agencies paying airlines and hotels) represents $hundreds of billions in annual flow through increasingly digital channels.