Latin Americans use many different alternative payment methods (APMs). How should airlines and other travel merchants factor APMs into their payment strategies?
Payment Orchestration Platforms are strategic for large international merchants like airlines to optimise acceptance rates and minimise cost.
Airlines and travel brands can gain market share and meet their passengers' expectations by supporting Apple Pay, which launches in Mexico this year.
For cross-border merchants like airlines, payment orchestration means integrating the right mix of regional and global payment partners to optimise acceptance rates and minimise cost.
The current crisis has highlighted changes airlines need to make around digital and payment systems and the issuance of refunds and travel vouchers.
Hospitality brands need an optimal strategy to launch alternative forms of payment (APMs) to increase conversions, bookings and upsell opportunities.
Mass transit operators are struggling with the rising costs of attracting new riders, cumbersome legacy ticketing and payment processes – but these issues can be solved.
African carriers, like others, struggle to drive passengers to book in their direct channel, resulting in lower margin and lost customer relationships.
There is no simple way to sum up the Latin American airline market. It’s one of the fastest-growing regions in the world – projected to serve more than 693 million passengers.
