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.
Ensuring a smooth checkout process to allow the conversion of purchases is paramount in the customer’s shopping journey. A decline in conversion rates can significantly impact revenue and undermine the reputation of your business.
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.
Lakshmipriya Baskar was in her final year at university when she was first introduced to PayPal. An employee-focused culture and the ability to make an impact on the community encouraged her to apply for a software engineer internship with the values-driven company.