Considering the continued skepticism of travel in our post-pandemic world, combined with the rise in flight costs, it is more important than ever for hotels to make the user experience as effortless as possible, especially when it comes to B2B payments. The following infographic will walk you through how to optimize for B2B hospitality payments and how to reduce barriers for your B2B clientele as they make purchases.
The above statistics illustrate why making payments as easy as possible is important to minimize the barrier for checkout, especially for B2B clients. This may have been as simple as accepting credit cards in the past, but now corporate clients want an easier method for paying their hospitality vendors; these easier solutions may include direct billing or trade credit.
TreviPay helps to make it easier for B2B clients to book your hotel by offering zero-risk credit lines up to $20 million in 32 countries. With TreviPay’s B2B payment solution, companies like Choice Hotels have revolutionized how they do business with B2B businesses. But don’t just take our word for it; Abhijit Patel, Vice President of Marketing and Distribution Strategy and Operations at Choice Hotels, said, “Choice Hotels has always made it our business to make corporate travel easy. TreviPay’s direct billing solution was simple and fast to integrate and allows us to better serve our corporate clients while also protecting our franchisees from the risk of extending credit.”