The psychology of paying for group travel – results from our in-depth consumer research

In the 2024 digital economy, your customer’s expectations have become a moving target, constantly reshaping and adapting. As a business owner or manager, you’re always striving to keep pace with these shifting demands and that means keeping up with your customers’ payment expectations too. Split payments are one of the best ways you can do that since it grants customers an unparalleled level of flexibility that they want, while also catalyzing growth and lowering the costs of acquisition for your company. Let's embark on an insightful exploration of these compelling questions.

For travel agencies, organizing group trips can be both lucrative and challenging. While this is a potential moneymaker, one of the main logistical challenges involves handling payments from multiple participants. Group payments can streamline the booking process and offer convenience, but they also introduce risks that can potentially harm your business if not managed properly.

Split payment solutions have become an acute need for businesses in the hospitality and travel agency space. Leeway elegantly solves both the tech and product challenges that arise.