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Turkey’s central bank on Friday prohibited the use of cryptocurrencies such as bitcoin for purchases, citing transaction risks. The ban would be effective as of April 30, the central bank said in legislation published in the Official Gazette.
The new regulation prohibits transfer of cryptocurrencies for purchases or services.
The cen… read more
Online travel refers to online travel and hotel booking using a third-party website that sells services, like flight, railways, roadways (bus/car), cruise, and hotel booking. These travel booking agencies, also popularly known as Online Travel Agencies (OTAs), generally provide individual customer services, rather than corporations… read more
Travelport+ is the centre-piece of Travelport’s new global strategy and is designed to accelerate industry innovation in multi-source content distribution, travel retailing and value generation.
Travelport+ is an extensive, next-generation platform that creates a simplified, capability-rich, marketplace for travel retailing. As travel dist… read more
Some people baked their way through the year Covid struck. Others tried working from home. And, across the world, more than 10,000 new startups were launched.
In fact, global startup funding rose 42% in 2020, against 2019 figures. That indicates a bold attitude towards reinventing the world post-pandemic.
But which industries … read more
There is still ample room for growth for mobile money throughout Africa, according to Sitoyo Lopokoiyit, interim CEO of M-Pesa Africa. During a session at the recent Africa Financial Industry Summit, Lopokoiyit revealed year-on-year growth of around 20% is possible over the next five years.
“The future of mobile money in Africa is fantasti… read more
International Air Transport Association (IATA) has appointed Standard
Chartered Bank as one of its IATA EasyPay service providers in India enabling greater payment
flexibility to travel agents.
IATA EasyPay is a new payment method which aids streamline payment
flows within the aviation ecosystem.
This new payment … read more
Travel technology solutions are applicable in information and communication technology that is used in the hospitality and travel industry. Solution providers offer different software and applications to travel agencies for planning and booking tours, flights, to enable easy transactions, and other tour related operations.
Ac… read more
A rapidly evolving business travel landscape has been the catalyst for award-winning global travel management company FCM to transform its brand identity and take a fresh approach to developing a new tech platform.
With the global pandemic causing a seismic shift in the business travel industry, FCM has made it a priority to address… read more
Access Bank Plc recently unveiled SWIFTPAY, a digital payment service that facilitates the receipt of business payments by enabling customers make quick, easy and secure digital payments on social media platforms to merchants.
This is in the bid to boost the facilitation of payments between SME and retail customers in … read more
Berg-Hansen, travel management company (TMC) in the Nordics, has signed a multi-year deal with Sabre Corporation, the leading software and technology company that powers the global travel industry. The agreement marks a new chapter in Berg-Hansen’s strategy, which continually focuses on delivering enhanced traveler experience to th… read more