Source: Paysafe
Why replacing holdback with safeguarding ends travel’s liquidity trap.
The travel industry has been one of the most negatively impacted by COVID-19. And as we look to recovery and growth beyond the pandemic, travel merchants and their acquirers need to work together in a different way.
Our latest whitepaper Safeguarding the future of travel explains the role a new attitude to payments will play in revolutionizing the industry.
Key topics covered in this whitepaper include:
- Why the relationship between travel merchants and acquirers needs to be reset, and how COVID-19 has magnified the industry’s issues
- The benefits of a safeguarding model over holdbacks for both travel merchants and acquirers
- How safeguarding compares to other forms of acquirer risk management options
- What travel merchants should do next if they are rethinking their acquirer relationships
Safeguarding the future of travel: Why it is time to rethink payments and liquidity in the travel industry