Asia’s TruTrip Adds Refund Subscription Service for Hesitant Business Travelers

A Singapore-based corporate travel booking app has launched a subscription package that lets companies refund their trip — with no questions asked. TruTrip’s new TruFlex feature provides an instant refund of at least 80 percent of incurred costs for travelers in the event of trip cancellations. It was launched in partnership with insurance company FWD. It’s another example of fintech products seeping into the travel industry. Hopper, which was the most popular travel booking app in the first half of 2021, as measured by U.S. downloads in the Google Play and the Apple app stores, has recently added several financial extras. In fact, it makes more money from these add-ons than it does selling travel, with its price freeze a popular option.