Melisande Mual
19 May 2016 / 5 Min Read
With the new solution, each individual element of the total cost of payments is outlined in detail, with an eBook, factsheets, opinion pieces and other content.
According to eNett, many businesses are unaware that indirect or ‘hidden’ costs also need to be factored in to get a true cost of payments figure – and travel companies are paying more than they need to as a result.
Moreover, agencies could also be paying up to 3% more on their cross-border transactions, through hidden charges and mark-ups from their providers. Calculating the true cost of payments requires travel companies to include the risk of fraud and supplier default, and FX risks and charges representing indirect costs to the business. Added to this is paying on credit and bonding, which become opportunity costs when compared to alternatives.
Melisande Mual
19 May 2016 / 5 Min Read
The Paypers is the Netherlands-based leading independent source of news and intelligence for professional in the global payment community.
The Paypers provides a wide range of news and analysis products aimed at keeping the ecommerce, fintech, and payment professionals informed about the latest developments in the industry.
Current themes
No part of this site can be reproduced without explicit permission of The Paypers (v2.7).
Privacy Policy / Cookie Statement
Copyright