It costs a fortune for the travel industry to get paid in Africa. The average travel and tourism business spends 12% of its revenue on getting paid. Frequently, this is the difference between making a profit or a loss and…
The True Cost of African Travel Payments The global travel industry spends $70 billion annually on payment fees, with 5.4% of all travel expenses going towards payment companies. Whilst this is a global problem, Africa is the worst affected, frequently…
