The World Travel and Tourism Council (WTTC) has indicated that travel will represent a $15.5 trillion economy by 2033. Against this backdrop, the travel industry is truly brimming with several emerging opportunities in the next decade. Indian travel merchants have a unique opportunity to capitalize on the projected USD 31 billion market volume by 2027, driven by online sales.
In a post-pandemic world where uncertainty still prevails and technological innovations have continued to surge, business leaders in India must maneuver through the new trends that will keep them ahead of the competition and help expand their business beyond borders.
The pandemic brought about a boom in e-commerce, which has permanently altered the way consumers make their purchasing decisions. The growth has been immense and has even persisted despite challenging economic times.
As technology continues to evolve at a rapid pace, the importance of cybersecurity has become paramount. PayPal’s APAC Chief Information Security Officer, Phoram Mehta, shares strategies implemented by PayPal to effectively combat evolving cyber threats and fraud.
As small and medium-sized businesses (SMBs) adapt to the evolving cross-border trade (CBT) landscape to grow their business, they need a partner that can make buying and selling not only easier but also location-agnostic.