There may be no global region more dynamic and exciting for commercial aviation than Latin America. Though it has long been considered a high-growth emerging market, the region’s air travel sector experienced a comparatively rapid post-pandemic recovery and appears poised for particularly significant growth in 2024.
But Latin America is also one of the most complex markets to enter and serve effectively in terms of payments – especially for airlines, which must contend with a high volume of cross-border transactions, multiple regulatory environments and a growing roster of new and traditional payment methods.
To master the Latin American payment landscape, airlines must embrace advanced strategies like Payment Orchestration which can accommodate the divergent demands of travellers while taming the complexities of regional payment processes.