How smart data and new collateral options cut your travel company’s funds held by card acquirers.
Travel is recovering strongly in 2023
Yet for many stakeholders in the sector – from agents to tour operators to airlines, cruise lines and other suppliers – cashflow remains a major concern even as the bookings continue to roll back in. In many cases, card acquirers demand substantial collateral to protect themselves against business failure, but this creates a cashflow headache for the travel merchant. Clearly, what’s needed are solutions which tie up less of travel merchants’ funds for less time, yet avoid exposing acquirers. But how?
Key topics covered in this whitepaper include:
- The vicious risk cycle for travel merchants and acquirers
- The three key innovations in payment tech and financial structuring which are finally allowing acquirers to take a lighter-touch approach
- The benefits of a safeguarding model and how this compares with other acquirer risk mitigation options for travel merchants
- The key questions travel merchants should ask every acquirer which they plan to work with
Explore the report to discover how to cut your travel funds