The COVID-19 pandemic brought the travel industry to a standstill, but it is now steadily heading towards pre-pandemic levels of activity. The International Air Transport Association (IATA) reported a strong year-on-year increase of global airline revenues from 2021 levels, a positive sign for the industry’s recovery.The pandemic also exposed some challenges airlines and travel agencies face when it comes to payment processing. The crisis highlighted the need for them to adapt to changing consumer preferences and provide a seamless experience. As global airline revenues approached 93% of 2019 levels, optimizing payment will become even more important for the industry to make it a sustainable and profitable recovery

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