Travelers expect the same seamless payment experience while traveling that they enjoy in other aspects of their daily lives. With so many payment options available, these consumers are increasingly gravitating toward the easiest and fastest method: real-time payments.

The hospitality sector’s existing payments stack is highly complex, designed to handle payments from across the globe. Upgrading these systems to improve efficiency is crucial, particularly for businesses striving to meet evolving customer payment expectations.

Instant payments benefit not only travelers but also the hospitality firms adopting them. For these businesses, real-time payment systems improve back-end efficiencies and cash flow management, leading to healthier balance sheets and potentially higher profit margins.