Protect Margins by Reducing Fraud and Chargebacks in Remote Payments

Prommt

04th May 2023
Protect Margins by Reducing Fraud and Chargebacks in Remote Payments

Companies Digest

The resurgence of travel in 2023 is seeing guests return with an increased appetite for bold adventures, luxurious stays, and tailored experiences that cater to their unique preferences. The post-pandemic era of travel presents exciting business opportunities, but the road to recovery has not been smooth with increasing inflation, supply chain disruptions, staffing shortages, and soaring energy costs. With the current challenges faced by the industry augmented by higher guest expectations, there needs to be a shift from viewing payments as a back-end function to recognising that payment is the first interaction a guest has with your brand, and, furthermore, that innovation in remote payments is a lever for profitability.

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