Skift Take
By 2024, Asia’s travel and tourism revenue is projected to hit a whopping $326 billion. To cash in on this boom, travel providers need to tackle Asia’s patchwork of payment options.
Pelago, the travel experiences arm of Singapore Airlines Group, on Monday announced a partnership with Primer, a global payments-infrastructure provider.
Payments are an important piece of Pelago’s expansion strategy as it hopes to provide access to local payment methods, which reduces processing costs, and have better fraud prevention.
“As a platform offering activities and tours in over 150 countries, we need a payment system that can cater to the varied preferences of travelers across Asia and beyond," Chief Product Officer Altaf Dhamani told Skift. "The rise of digital wallets and real-time