Digital payment revolutionizes travel expense management
Digital payment of business trips gives travel managers more transparency and control over costs. According to estimates by AirPlus International, intelligent payment processes billed to a central account are increasingly replacing conventional plastic corporate cards.
One idea per week – that is the tempo at which the AirPlus R&D department anticipates the future of business travel management. The team enjoys in-house the freedom of a start-up and works in correspondingly unconventional structures. The result is forty prototypes and six market-ready products and services.
The early involvement of German travel expense expert AirPlus in China is paying off. With double-digit growth rates within the last six years and a current market share of more than 90 percent in BSP credit card billing, AirPlus has become the dominant provider in the Middle Kingdom. One of the reasons for that is the first UATP solution for the Chinese market.
Increasing cost pressure in business travel management is currently the biggest challenge faced by travel managers worldwide. This was revealed in the latest travel management study by corporate credit card expert, AirPlus International. More than half of the 941 travel professionals interviewed in 24 countries said that the fragile economy in particular further increased the pressure over the last twelve months.