The travel market needs to be more saturated. The pandemic that has raged in recent years and the difficult economic situation worldwide has led to even more competition in the industry. It is necessary not only to offer a quality travel product to customers but also to use new tools to improve relationships with travel intermediaries and service providers to be a successful tour operator. One such innovative and effective tool is the Payment Card Issuing Solution.
Main Service Providers In The Travel Industry
Tour operators are organizations that make and sell a finished tourism product, which includes the following elements:
- a specially designed itinerary;
- a program according to which the tour service is provided;
- services that are included in the tour or provided for a fee;
- goods that correspond to a certain level of service.
It is necessary to establish close relations with intermediaries who provide the following services to create a tour that is in demand and, therefore, profitable:
- Transportation. Delivery of tourists to the place of rest and their transfer during the journey is one of the most important parts of developing the tourist route. The tour operator needs to consider travel options by sea, by air, or by road, offering customers the option of getting to their vacation destination by plane, bus, train, or car. Regarding winter vacations, connections with businesses that operate elevators, ski elevators, etc., may be necessary.
- Hospitality. Establish contact with large hotel complexes, small campgrounds, and private apartment owners.
- Insurance. Insurance companies specializing in tourism insure both tourists and their luggage.
- Other services. While travelling, tourists can use the rental of tourist equipment and gear. They can rent skis, sledges, bicycles, surfboards, boats, yachts and diving equipment. They can also take advantage of sports schools to learn how to dive, ride horses, sail a yacht, etc.
Tour operators also utilize the services of advertising agencies, catering companies, private tour guides and tour bureaus.
A tour operator must establish close and trusting relationships with the above intermediaries to offer customers an ideal tourist product. Not least, the quality of these relationships depends on the speed and convenience of mutual settlements with them. Traditional banks have limited technical and financial capabilities, so they cannot provide travel agencies with fast and secure simultaneous execution of several international payments. In addition, their cards are issued in limited quantities, which slow down the travel business, where the number of service providers is in the hundreds and increases daily. The only correct solution in this situation is Card Issuing.
Offer For Travel Agencies On Market
Co-brand Solution for all companies operating in the travel industry. It is a personalized payment system that allows you to issue your own single-use and reusable virtual cards that support 3D Secure. They can be used to pay suppliers from all over the world securely, and all international payments can be made instantly. This feature of Wallester payment cards will significantly accelerate the business process of a travel agency and make it more competitive in the market. White-label Card Issuing will help increase brand recognition among customers and service providers.
