Skift Take
Peer-to-peer payment platforms, digital wallets and cryptocurrencies are no longer the things of science fiction. These are the platforms travelers are using to pay for their basic purchases every day. Data show that brands that have adopted these platforms have seen the benefits and returns.
Payments are one of the deepest fault lines being tested throughout the travel industry in 2016.
From how travelers pay for their Airbnb to their Uber ride, from their business class airfare to their dinner tab, we've seen many challenges and solutions emerge from virtually all sectors this year.
A recent Skift Trends Report has this to say: "Venmo processed more than $1 billion just in the month of January 2016; usage continues to explode. Apple Pay launched in October of 2014 amid skepticism, yet now touts over two million point of sale locations in the U.S. and growing fast. Australia, Canada, the UK, and China have all joined the list of countries where Apple Pay is now live. Airbnb, Delta, Expedia, Hotel Tonight, Lyft, Priceline, and Uber all now accept Apple Pay. Over 141 m
