Mastercard Talks Travel 2 | Payment Trends


So, you know WEX has been one of the
leaders in revolutionizing the way the travel industry works. When OTAs came on
the scene one of the really hard problems was the reconciliation between
hotel providers and travel agencies, and WEX, with the introduction of virtual
cart integrating payment information and speed reconciliation, has absolutely
transformed the way the business works, and its really took a bunch of cost out
of the business and that lets both sides, both travel agency and the hotel, focus
on what they’re really all about, which is providing a great experience for the
traveler.

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