The Wire...from AirPlus for October: Credit Card Dynamics

Fri Oct 30, 2009 6:10am EDT
 
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ALEXANDRIA, Va.--(Business Wire)--
AirPlus International, a global provider of corporate travel payment solutions,
releases TheWire…from AirPlus October 2009 edition titled: Credit card dynamics.
Around 60% of the corporate travel professionals polled report to have only a
general knowledge of credit card economics, while 22% claim minimal knowledge,
and just a slim 17% profess to be an expert. As surcharging of credit card fees
become a growing reality around the world, it`s important for travel
professionals to have real understanding of the commercial dynamics behind
credit card fees. For more details, including a complimentary PDF of the
results, please visit the AirPlus Community. 

"As a leading corporate payment solution, the lack of understanding of the basic
economics of our business is concerning," said Richard Crum, President of
AirPlus International, Inc. "We fully expect there to be dramatic changes in how
card costs are shared by all parties in the value chain and are preparing for
this new reality. It is vital that corporate travel managers and TMC`s are as
well." 

The Wire…from AirPlus is a monthly report on the pulse of the industry and its
relevant topics. Results of this edition are based on a survey of 142 travel
management professionals in North America and Europe in September 2009. 

AirPlus International provides savings to over 32,000 customers worldwide
through a suite of business travel payment solutions which include central bill
accounts, corporate cards and online management tools. AirPlus is travel agency
neutral, the leading issuer of UATP worldwide and the preferred partner of
various airlines such as Air China, British Airways (NYSE:BAB), Continental
Airlines (NYSE:CAL), Luxair, Lufthansa German Airlines, Austrian Airlines, Swiss
International Air Lines, TAP Portugal and Singapore Airlines. For more
information, please visit www.airplus.com, contribute to our community at
www.airpluscommunity.com, follow us at www.twitter.com/AirPlus, and become a fan
at www.facebook.com/airplusinternational.

AirPlus International
Marketing and Communications
Rana Walker, +1 703-373-0947
rwalker@airplus.com

Copyright Business Wire 2009

 

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