Blogs

5 Reasons Why Online Travel Agents Need Payment Orchestration

Online Travel Agents (OTAs) are one of the most important components of the modern travel industry, with OTAs being the primary booking channel for many holiday makers.

How is payment orchestration solving the biggest problems in payments?

The payment journey is rapidly evolving to accommodate changes in buying behaviour, consumer demand and the new ways in which we can all access goods and services.

What separates a payment orchestrator from a super PSP?

2022 has been a big year for payment orchestration, with the profile and relevance of the technology growing month-on-month, yet many organisations are still exploring the role of orchestration and how it fits into the existing payments ecosystem.

The evolution of Open Banking

‘Open banking’ has become a popular phrase over the past few years with consumers and businesses alike, with studies predicting there will be up to 40 million users of the technology within the UK by 2025 (Zopa, 2021) .

How many payment methods do you need?

In a recent webinar educating on the role of payment orchestration in the payments ecosystem, one audience member posed an interesting question; just how many payment methods do you need?

Are we heading towards a cashless society?

Cash has been the staple method of purchasing for a long time, but in recent years digital and card based methods have started to take the lead.

The rise of Buy Now, Pay Later (BNPL)

Buy Now Pay Later (BNPL) gained huge traction in 2020 within the UK due to the increase of online shopping, coupled with personal financial uncertainty created by the pandemic.

The future of global payments is local

With the continuous adoption of technology and the role it plays in everyday life, digital spending has accelerated.

Delivering on-the-go convenience for transport payments

Transport is a necessity. When the whole world seemed to stop in the 2020 global pandemic, public transport kept moving, connecting commuters and communities with vital workers.