Africa's tourism industry continues to attract visitors from around the world but behind every booking is a payment system that can have a major impact on businesses. For many hotels, safari lodges and tour operators, high transaction fees and complex cross border payments have reduced profits for years. As technology reshapes the way businesses operate, financial innovation is helping travel companies keep more of what they earn while making it easier for international visitors to pay.
South African fintech company TurnStay has reached a major milestone by processing more than R1 billion in travel payments in just six months, only three years after launching. By providing lower cost payment solutions for travel businesses across the continent, the company is helping to reduce the cost of doing business while supporting the growth of Africa's tourism sector. Joining us on the line is Alon Stern, CEO and co-founder of TurnStay

Africa's tourism industry continues to attract visitors from around the world but behind every booking is a payment system that can have a major impact on businesses. For many hotels, safari lodges and tour operators, high transaction fees and complex cross border payments have reduced profits for years. As technology reshapes the way businesses operate, financial innovation is helping travel companies keep more of what they earn while making it easier for international visitors to pay. South African fintech company TurnStay has reached a major milestone by processing more than R1 billion in travel payments in just six months, only three years after launching. By providing lower cost payment solutions for travel businesses across the continent, the company is helping to reduce the cost of doing business while supporting the growth of Africa's tourism sector. Joining us on the line is Alon Stern, CEO and co-founder of TurnStay

Serious and topical issues on continent, breaking stories.

Serious and topical issues on continent, breaking stories.