FinMont, the global payment orchestration platform designed specifically for the travel industry, announced a strategic partnership with Azupay, Australia’s leading provider of real-time payment solutions powered by PayID.
The partnership aims to deliver a next-generation payment ecosystem tailored to travel businesses’ unique needs while driving innovation and enhancing fraud prevention.
Key trends in the travel industry payments include expansion of contactless and mobile payments, integration of alternative payment methods (APMs), emphasis on payment flexibility and personalization, adoption of real-time payment systems, leveraging artificial intelligence (AI) for payment optimization, and a focus on security and compliance.
The partnership between FinMont and Azupay will empower global travel merchants with faster, safer, and more efficient payment options, reducing payment risks and enhancing customer experience.