Saturday 1 February 2014

Mobile payments starting to gain acceptance in business travel

From Travolution

“Mobile payment technology is “slowly but steadily” becoming part of managed business travel programmes, according to a new study.

It is now being used by 12% of companies against 3% in 2011, the latest AirPlus international travel management survey shows.

An additional 5% of companies say they plan to introduce mobile payment solutions into their corporate travel programmes within the next year.

Although 62% of travel managers globally see no advantage in the use of mobile payment technology, the one in three that do cite the simplification of travel expense accounting, more details on travel expense reports, better policy compliance monitoring and easier card management for the travel manager.”

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