Jeni Mundy, global head of merchant sales and acquiring at Visa
As cross-border travel continues to climb, digital payment methods will lead the way for travelers who want to avoid currency exchanges or hunting down the nearest ATM to withdraw cash. A Visa survey of U.S. adults found that when traveling internationally for the 2022 holiday season, 33% of adults planned to rely primarily on digital payments during their trip, while 42% intended to use a mix of local currency and digital payments. Going forward, travelers arriving with digital-first payment solutions in hand – including multi-currency wallets and real-time notification of FX rates – will be able to hit the ground running.
