A Record-Breaking Amount of Travel Will Happen This Summer — Here’s How Peak Travel Seasons Impact Payment Fraud

Opinions expressed by Entrepreneur contributors are their own.

Summer is just around the corner, and with it comes an influx of vacationers ready to explore new destinations. As the summer travel season begins, businesses operating within travel and hospitality must adopt robust strategies to manage the anticipated increase in transaction volumes and fraud risks. These strategies must also effectively manage disputes and chargebacks during a peak travel period that’s expected to break records.

Americans are still choosing to prioritize their vacations despite challenges like international unrest and rising prices. Projections from the Transportation Security Administration (TSA) suggest we’ll see a record-breaking summer travel season in 2024, with officials anticipating

→ Continue reading at Entrepreneur

More from author

Related posts

Advertisment

Latest posts

How Keeping Things Simple Helps Your Company Innovate and Grow

Opinions expressed by Entrepreneur contributors are their own. According to Steve Jobs, "Simple can be harder than complex: You have to work...

Jeff Bezos moves to calm concerns at The Washington Post as new publisher faces mounting ethics questions | CNN Business

CNN  —  Jeff Bezos, the billionaire owner of The Washington Post, broke his silence Tuesday on the mounting...

Former Obama press secretary Robert Gibbs hired to lead Warner Bros. Discovery PR | CNN Business

CNN  —  Robert Gibbs, a former White House press secretary during the Obama administration, will be joining Warner...