HAHNAIR
Financial inclusion is the guiding ideal of Hahnair’ s payment strategy. With such an extensive network, excluding people due to payment limitations contradicts the company’ s mission.“ The idea of someone not being able to participate in a market place due to a financial obstacle is motivating us to do better,” Benjamin says.
The future of technology in the travel sector Looking ahead, the future of payment methods themselves may surprise those expecting consolidation. Instead, Benjamin sees fragmentation ahead. Europe’ s development of Vero as a regional card scheme seemed unnecessary 15 years ago, but now appears strategic.
Turkey, Russia, India, Brazil, Nigeria and Vietnam have all established domestic card schemes too.
“ I actually think there’ s going to be an ever growing number of options, including really country-specific ones as well,” Benjamin predicts.“ It is likely that we’ ll have a number of super apps that will probably accept whatever payment method you desire.”
Nations want to control financial communication networks and keep transaction profits within their borders, similar to pressures facing big tech companies. Therefore, the emergence of multiple super apps, each accepting diverse payment methods, is likely. The payment landscape will grow more complex rather than simpler.
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