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Cheaper, Faster… Riskier: Over Half Of Brits Plan To Use ChatGPT For Completing Their Tax Returns WorkFusion Raises $45 Million in Funding to Fuel Growth for Agentic AI for Financial Crime Compliance AI-Powered E-commerce, Stablecoins and Local APMs: Emerging Trends Headline EBANX’s Payments Summit in Mexico Second Day of Money20/20 Middle East Unveils Next-Gen Solutions at the Region’s Largest Ever Fintech Gathering United Gulf Financial Services Joins The Hashgraph Association and Exponential Science Foundation Adding $1M to Hedera Africa Hackathon Pool Prize Payhawk Transforms Spending Experience for Businesses With Four Enterprise-Ready AI Agents Alipay+ to Launch in Saudi Arabia, Facilitating Cross-Border Mobile Payments for Local Merchants Saudi Central Bank Launches Google Pay Service Through Mada Network Tamara Secures New Asset-Backed Facility of Up to $2.4 Billion Starling Reveals New-Look Logo, App and Cards as Bank Launches Brand Mission to Help Britons Become ‘Good With Money’ barq Joins Forces With Thunes to Power Faster, World-Class Remittances Across Saudi Arabia Paymentology Expands Presence in Saudi Arabia to Support Vision 2030 and Next-Generation Payments JPMorganChase and Plaid Announce an Extension to their Data Access Agreement for Sharing of Consumer Permissioned Data Enhancements to Ecommpay Subscriptions Service Help Address Failed Recurring Payments HSBC Deploys Wealth Intelligence for Its Wealth Management Staff to Enhance Client Experience

Europe & UK Consumers Now Prefer Digital Wallets, BNPL for Travel Bookings, New Report Finds

While credit cards still dominate, especially in the U.S., travelers in Europe and the UK are increasingly choosing digital wallets and flexible options like “buy now, pay later”, and this preference is carrying over from general e-commerce into travel transactions. McKinsey reports that global wallets such as PayPal and Amazon now account for 55% of all online transactions in Europe, and CarTrawler’s Q2 2025 Market Monitor shows this same behavior is becoming more visible in travel, particularly car rentals and other travel products..

PayPal and Apple Pay now make up around 6% and 5% of European bookings, while Klarna’s BNPL share is climbing steadily: 1.8% of transactions in April, 2% in May, and 2.2% in June, up from 1.5% at the end of 2024. In the UK specifically, Apple Pay is now the leading digital payment method for car rentals, accounting for more than 10% of bookings in June, compared to PayPal’s nearly 6%.

In contrast, the U.S. travel sector remains heavily card-based, largely due to rental suppliers incentivizing credit card use and the prevalence of “post-paid” bookings at the rental counter.

These trends underline a clear takeaway: as travelers become used to paying for everyday purchases with digital wallets and BNPL, they expect the same flexible, convenient and frictionless payment choices when booking travel, and brands that don’t adapt risk losing conversion at checkout. For OTAs, loyalty programs, and travel suppliers, expanding and offering more localized alternative payment options is now essential for driving bookings and strengthening customer loyalty.

Companies In This Post

  1. Cheaper, Faster… Riskier: Over Half Of Brits Plan To Use ChatGPT For Completing Their Tax Returns Read more
  2. WorkFusion Raises $45 Million in Funding to Fuel Growth for Agentic AI for Financial Crime Compliance Read more
  3. AI-Powered E-commerce, Stablecoins and Local APMs: Emerging Trends Headline EBANX’s Payments Summit in Mexico Read more
  4. Second Day of Money20/20 Middle East Unveils Next-Gen Solutions at the Region’s Largest Ever Fintech Gathering Read more
  5. United Gulf Financial Services Joins The Hashgraph Association and Exponential Science Foundation Adding $1M to Hedera Africa Hackathon Pool Prize Read more
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