Powercash21's online payment solutions discussed at ITB Berlin 2019
Powercash21’s advanced payment solutions for travel industry merchants were discussed at the ITB Berlin 2019, which took place March 5-10, 2019.
According to a presentation by IPK International at the ITB Berlin 2019, in 2018, the number of outbound trips increased by 5.5%, resulting in 1.4 billion international trips, resulting in the world travel sector growing faster than the global economy. Increasing travel by tourists from diverse global jurisdictions and the ever-growing digitalization of the travel industry has given rise to a number of needs when it comes to online payments, the enabler of travel merchants that wish to attract tourists from across the world.
Whether we are addressing an online travel agency, a tour operator, specialty travel agency, an event organizer, transportation company or hotel, the need is clear for sophisticated online payment capabilities that support global payment methods.
Powercash21 has a clear understanding of the intricacies of the travel industry and has developed merchant solutions that correspond to the needs of this market. Whether is through advanced risk and fraud management tools, payment system capabilities or via the provision of access to 100’s of global payment methods that service travelers from all regions of the world, Powercash21 offers a well-rounded package that corresponds to the needs of travel-related merchants.
According to the organizers, ITB Berlin is the World’s Leading Travel Trade Show. In 2019 a total of 10,000 companies and organizations from 181 countries exhibited their products and services to around 160,000 visitors, including 113.500 trade visitors.