KATHMANDU, NOVEMBER 12
Travel and tourism are driving growth and employment across the world. By 2033, the industry is expected to be worth $15.5 trillion and account for 11.6 per cent of the global economy, according to Bloomberg.
The integration of digital payment solutions is profoundly reshaping the travel and tourism landscape, allowing tourists to make secure and fast transactions, possibly encouraging them to prolong their stay and even return again and again.
The introduction of cross-border payment options like QR codes compatible with India’s UPI-based systems, such as PhonePe, Google Pay, and Paytm, has made a considerable difference, especially for Indian tourists, who account for a significant portion of…
