Global travel has always been a payments-intensive business, but the fragmentation of providers handling collections, payouts, FX and issuing can create operational drag and hidden costs for travel sellers.

For many travel companies, foreign exchange in particular remains an opaque back-office function rather than the genuine revenue diversification opportunity that it could be.

In an interview with Phocuswright senior vice president of content Mitra Sorrells, David Messenger, CEO of global businesses at PingPong Payments, discussed how the company's decade-long investment in cross-border payment infrastructure translates to the travel sector and why consolidating onto a single API stack may offer more strategic benefits than most travel finance teams realize.

Watch the full discussion below.

Orignally published on Phocuswire.

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