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The Online TravelAgent Global Marker Report projects an over 22 percent increase at a compound annual growth rate (CAGR) of 5.2 percent from 2023 to 2027. The entire online travel, including direct channels, is expected to have a CAGR of 11.8 Source: Phocuswright. percent through 2030, as another study specifies.
By 2027, this number is expected to reach 900 million. In this post, we’ll discuss the BNPL approach in the travel industry, talk about the main BNPL providers, and look at how businesses can implement the service and benefit from it. What is buy now pay later? Here are the main reasons.
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