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While the travel industry remains decimated due to the pandemic, with businesses just beginning to tiptoe toward some semblance of normalcy stanley uk , the shift to digital processes is gaining traction.In an interview with PYMNTS, Xavier Ginesta, chairman at聽Voxel Group, which focuses on B2B payments, said that friction exists for B2B payments within the travel space 鈥?but that friction can be eased with eBilling and ePayments.As he told PYMNTS in an interview done through written exchange, the hospitality industry has long been marked by ever-increasing booking volume; high margins; and relatively high trust between stakeholders. This made the need to optimize operational inefficienci stanley italia es secondary, he said.The new reality will be marked by low bookings; tight margins; financial pressures on online travel agents; and the need for cost management. This new context provides a great opportunity window to re-engineer the old-fashioned ways the ind stanley mugs ustry had been doing B2B payments in the past, which could have otherwise taken decades to change, he said, especially when it comes to payments.Last month, Voxel said its baVel electronic transaction platform which connects with more than a dozen electronic payment service providers has been integrated into Juniper, a tech provider for the tourism industry.And drilling down into existing pain points, as Ginesta told PYMNTS, the most widely used payment methods include payments on credit terms, online merchant payments and commissions. Payments Rbud Singapore Sees A Dip In Prompt B2B Payments
Monzo, the di stanley mugs gital bank, announced Monday Aug. 6 that it is making its bank accounts open to anyone in the U.K. between the ages of 16 and 17.In a blog post, the bank said that it won ;t be offering a minimalist version of its accounts, but will be offering the same accounts that people over the age of 18 can open wi stanley website th Monzo. According to the company, customers will get聽a full U.K. current account with an account number and sort code. They will be able to send and receive money by bank transfer, set up direct debits and standing orders, receive聽a contactless debit card and access the full Monzo app, which offers instant spending updates, budgeting, notifications and easy bill splitting with other users. Customers also get the ability to link with Apple Pay and Google Pay.聽What more, Monzo said it has placed blocks on certain transactions, such as gambling, for these accounts.Those blocks dont cover everything you cant legally buy until youre 18, though. For example, they dont extend to places where stanley termoska you can buy alcohol, because that would mean blanket banning supermarkets, corner shops, pubs and restaurants 鈥?which might make it difficult to buy lunch, wrote Monzo in the blog. When you buy something thats age-restricted in a shop or restaurant, its the responsibility of that shop to check that youre old enough. So in those cases, we trust that retailers own processes for checking peoples ages will do the trick, just as they would if you were