In most of the world, the travel and hospitality industry has taken a long pause. With signs of things slowly returning to normal, airlines, hotels, tour operators, and others expect a rapid increase in purchases as many of us begin to think about our next vacation or business trip.
All of this means that customers worldwide will expect a seamless, easy payment process. This also means that travel organizations will be carefully monitoring costs and seeking ways to increase the ROI from every transaction. Payments Orchestration provides the industry with the tools necessary to align payments strategies with business needs.
83% of hopeful respondents are planning to take at least two domestic trips and about half as many (44%) are targeting two or more international getaways in 2021. Travel Pulse
How easy is it for your customers to quickly book travel or accommodations? Is the addition of a rental car, additional room night, or flight leg, as simple as a click or do your customers need to repeatedly enter payment details?
Securely capturing and vaulting payment details is critical to help your customers with future purchases, loyalty programs, add on sales, etc. Spreedly lets you choose how you want to implement payment capture — whether that is a simple drop-in form for a quick launch or a flexible API for a totally customized checkout experience — and keep it easy for your customers to buy from you.
Can you route payments to take advantage of the highest success rates or negotiated rates? Or to avoid the risk of an unexpected outage of your payments partner. Does your mix of payment services align with your business’ strategy, and future-proof your payments infrastructure to be ready for the next shift?
Global payments add complexity — managing all of the required integrations only adds more pain to payments teams tasked with their maintenance. With Spreedly you get the power to connect to virtually any payment service — all through a single API connection. That lets you deliver a better customer experience, return higher payment success rates, and lower your costs.
If you’re a platform, it’s likely that your teams need to adapt your payments stack to support the needs of your merchant partners. Each new merchant brings with them a unique set of gateways, payment service providers and other necessary integrations. This infrastructure is difficult to build and more challenging to maintain.
Payments Orchestration gives you an edge with a single API to build and manage which means you can onboard new merchants faster.