TerraPay urges the 35% of travel companies that currently don’t accept virtual cards to reconsider.
Ahead of next week’s Bavel Summit by Voxel in Barcelona, payment provider TerraPay is urging the 35% of travel businesses—especially small and single-property operators—that currently don’t accept virtual cards to reconsider their payment strategies. The company warns that outdated systems and reliance on traditional banking are putting many operators at a disadvantage position in the rapidly evolving digital marketplace. Koert Grasveld, Vice President of Travel Payments at TerraPay:“Small property owners often struggle with managing international payments due to limited access to advanced digital tools and the high costs associated with traditional banking systems.
Ahead of next week’s Bavel Summit by Voxel in Barcelona, payment provider TerraPay is urging the 35% of travel businesses—especially small and single-property operators—that currently don’t accept virtual cards to reconsider their payment strategies.
The company warns that outdated systems and reliance on traditional banking are putting many operators at a disadvantage position in the rapidly evolving digital marketplace.
Koert Grasveld, Vice President of Travel Payments at TerraPay:“Small property owners often struggle with managing international payments due to limited access to advanced digital tools and the high costs associated with traditional banking systems.
