Top
image credit: Adobe Stock

Exploring Buy Now, Pay Later to Enhance Guest Loyalty and Boost Hotel Direct Bookings

October 25, 2023

Category:

The hospitality industry has consistently led the way in adapting to the ever-changing needs of travelers and guests. One notable innovation that has recently gained substantial momentum is the “Buy Now, Pay Later” (BNPL) payment option. This innovative payment solution is revolutionizing the way travelers make reservations, dine at restaurants, and access a wide range of services within the hospitality sector.

What is Buy Now, Pay Later!

Buy Now, Pay Later is a modern, consumer-friendly payment model that has gained significant popularity in recent years. It offers consumers the flexibility to shop for their desired products or services and then defer payments to a later date. This payment method typically divides the total transaction amount into smaller, manageable installments, which can be paid over a specified period.

Read More on Hotel News Resource