White paper on how mobile payment will transform corporate travel

April 23, 2012 | Hotel Marketing

Paying for a hotel stay, a meal or a train journey by waving a cell phone over an electronic reader is now a reality. This breakthrough opens up many new possibilities for improving corporate travel, according to a new report.

At present, however, implementation and under- standing of mobile payment is limited. In a survey of buyer members of the Association of Corporate Travel Executives conducted for this white paper, 53% of respondents rated their knowledge of mobile pay- ment as beginner level, while another 41% rated their knowledge as moderate and only 6% rated them- selves as expert.

This finding is unsurprising given that few companies have experience of mobile payment. Only 22% of respondents said any of their travelers have used the technology. When they have, it has mainly been to pay for ground transportation or meals.

As one of the travel and technology experts interviewed for this white paper describes the present situation, “There is no adoption yet of mobile payment in the corporate environment but there is a lot of interest.”

Download the white paper "Mobile Payment – How It Will Transform Corporate Travel and Expense Management" at AirPlus

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