Citi’s Post

Transforming Tourism Payments for a Global Audience! 🌍 As the travel season peaks, ensuring smooth and transparent #transactions for international visitors is crucial. With Getnet's Dynamic Currency Conversion (#DCC), tourists can pay in their home #currency, experiencing real-time exchange rates directly at your terminal. Supporting payments in 66 different currencies, this service not only prevents unexpected charges but also simplifies their travel expenses, providing peace of mind and a seamless experience. Getnet's DCC integrates seamlessly into your business operations, providing international visitors with the option to pay in their familiar currency can significantly improve their experience and loyalty. Join us in breaking down borders and simplifying the #payment process. #Getnet your dreams, our solutions.

DID YOU KNOW? Did you know that 74% of US travelers now use digital wallets on their trips? That's what a Visa report says! Visa has introduced a new digital emergency card replacement service to make travel stress-free. If you lose your card while traveling, you can request a new digital card to be sent directly to your digital wallet for authentication. Kathleen Pierce-Gilmore, the global head of issuing solutions at Visa, says, "Losing a card on vacation is stressful. Our new service offers instant, secure access to funds and helps issuers provide excellent customer service." #highriskbusiness #casino #latestupdate #paymentprocessing #highriskprocessing #news #creditcardprocessing #creditcardpayments

Outpayce's partner network plays a pivotal role in driving innovation and fostering growth within the travel industry. These include, Cybersource, TSYS, HSBC, Citi, Worldpay and Elavon Europe.     In a recent conversation, Damian Alonso, our Head of Commercial & Partnerships and Cristina Ortega Garcia, Business development director for B2B Travel Mastercard, explored the significance of Outpayce's long-term partnership with Mastercard and its transformative impact on the travel industry.      Key goals discussed included:     Simplifying the payment processes.   Facilitating geographical expansion in new and existing markets.   Driving acceptance to ensure payments are made.      We are actively exploring new opportunities for collaboration and are currently focusing on improving the payment experience in the hospitality and corporate space.    Watch the full discussion here: https://lnkd.in/d9UUJzvf     #Outpayce #Mastercard #Partnerships #TravelIndustry #Innovation #SeamlessPayments #CustomerExperience 

Visa Brings Relief to Travelers with New Digital Card Replacement 📍 74% of U.S. travelers go with their cards. ➡ Losing a #card while traveling can be a stressful experience. Visa’s new Digital Emergency Card Replacement can send a digital #replacement card straight to the cardholder's #phone on behalf of their #financialinstitution, allowing them to #authenticate and add it to their #digitalwallet. ⭕ Are you curious? Learn how Visa is innovating to provide seamless journeys for travelers and boost customer satisfaction for card issuers: ☑ Go Digital: Travelers can reduce the inconveniences of cash by pre-loading Visa cards into #digitalwallets. ☑ Stay Informed: By activating transaction alerts, travelers can track spending in real-time and detect #fraudulent activity early. ☑ Quick Card Replacement: Travelers should report lost cards immediately. If supported by the issuer, Visa's service promptly provides a digital replacement. ☑ Alert Your Bank: Travelers should contact their card issuer before their trip to ensure the card will work in the countries to be visited. ☑ Opt to Pay in Local Currency: It is typically more cost-effective for travelers to choose to #pay in the local currency when given the option.

🚨 We've teamed up with Mastercard Academy Europe to create a series of webinars focused on travel payments. 📅 The first in the series takes place this Friday 14 June, so follow the link below to secure your virtual seat and join myself and Chiara Quaia for an introduction to the Travel Payments Ecosystem. #TravelPayments #VirtualCards #Webinar #Travel #B2BPayments

🚨 Still time to register for our Introduction to the Travel Payments Ecosystem webinar taking place tomorrow in collaboration with Mastercard Academy Europe. Join Chiara Quaia and Kevin White for the first in a series of webinars aimed at providing travel issuers, acquirers and travel agencies with all they need to know about the latest travel payment trends and technologies. 👇 Follow the registration details below #TravelPayments #VirtualCards #Webinar #Travel #B2BPayments

Today’s Digital Transactions News: Eye on Travel; Improving Cross-Border Payments; Galileo’s RTP Addition https://buff.ly/3V9ZXES #payments #virtualcards #AmEx #digitaltipping #Grazzy #commentary #crossborderpayments #RTP #realtimepayments #Galileo #TCH

2023 has been a challenging year for the payments industry with continued economic uncertainties. New technologies and innovation are changing traditional business models and the landscape of the payments industry. Through my four years at Visa, I have gained a deeper understanding and exposure to many diverse and innovative products and services, which have contributed to the development of the digital and payments ecosystems. Here are some examples that I have personally experienced: 1. When I make a payment from DBS online banking to my OCBC credit card, it is supported by Visa Direct, a money movement solution of New Flows, making payment transactions seamless, secure, and efficient. 2. As I travel around the region, I have been using products from fintech companies like WISE and Revolut which make FX and cross-border transactions fast, convenient and afforable. WISE leverages Visa’s payment network while Revolut is supported by Currencycloud (a Visa entity) for cross-border FX solutions. As I look ahead to 2024, I am excited about the growth and opportunities at Visa and in the payment industry.

𝗩͟𝗶͟𝘀͟𝗮͟ ͟𝗹͟𝗮͟𝘂͟𝗻͟𝗰͟𝗵͟𝗲͟𝘀͟ ͟𝗱͟𝗶͟𝗴͟𝗶͟𝘁͟𝗮͟𝗹͟ ͟𝗲͟𝗺͟𝗲͟𝗿͟𝗴͟𝗲͟𝗻͟𝗰͟𝘆͟ ͟𝗰͟𝗮͟𝗿͟𝗱͟ ͟𝗿͟𝗲͟𝗽͟𝗹͟𝗮͟𝗰͟𝗲͟𝗺͟𝗲͟𝗻͟𝘁͟ ͟𝘀͟𝗲͟𝗿͟𝘃͟𝗶͟𝗰͟𝗲͟ 𝗥𝗲𝗽𝗼𝗿𝘁𝗲𝗱 𝗯𝘆 𝗡𝗙𝗖𝗪.𝗰𝗼𝗺 Visa has rolled out a Digital Emergency Card Replacement service that makes it possible for cardholders to instantly receive a digital replacement for a lost or stolen card, via text or email, anywhere in the world. “Once received, cardholders can authenticate and add the new card into their digital wallet, offering a convenient, fast and secure solution that helps enhance travel experiences and boost issuer customer satisfaction,” Visa explains. “We’ve all felt that moment of panic while on vacation – the loss of a card and the feeling of being stranded,” says Kathleen Pierce-Gilmore, global head of issuing solutions at Visa. “Our new digital emergency card solution addresses these very issues. It offers instant, secure access to funds for travelers while enabling issuers to deliver superior customer service. It’s a win-win, demonstrating the power of digital payments to improve experiences for everyone.” https://lnkd.in/gscHdxaH #DigitalCardReplacement #SecureTravel #InstantAccess #VisaInnovation #TravelWithEase

In the latest edition of the B2B Travel Digital Bulletin, learn more about how Mastercard and Outpayce from Amadeus are building a payment ecosystem for travel participants to ensure that #payments can be made and received in a seamless and secure manner. https://lnkd.in/d95jT4MT Damian Alonso Cristina Ortega Garcia