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Key Takeaways
- Canada's travel market is projected to nearly double by 2033, with 38.7 million international passenger trips recorded in 2024 and Air Canada's Billy Bishop Airport expansion launching in Spring 2026.
- Travel companies face three critical payment challenges in Canada: settlement delays limiting working capital access, high processing costs with fraud management burdens, and FX fees reducing profit margins.
- ConnexPay's unified PayIn and PayOut platform provides immediate access to customer funds, CAD processing capabilities, and virtual card rebates that offset acquiring fees while simplifying reconciliation.
- Displaying prices in Canadian dollars directly improves conversion rates, as 92% of travelers consider ease of payment critical when booking travel.
Canada's travel market is set to nearly double by 2033, but payment challenges are holding businesses back from capturing this growth. In this webinar, our team explored how travel companies can turn payment operations into a competitive advantage in the Canadian market.
What We Covered:
The Canadian Opportunity
With 38.7M international passenger trips in 2024 and Air Canada's major Billy Bishop Airport expansion launching in Spring 2026, the Canadian travel market is accelerating fast.
Three Critical Payment Challenges
- Access to working capital during settlement delays
- High processing costs and fraud management
- FX fees eating into margins
The Connected Payment Solution
We demonstrated how ConnexPay's unified PayIn + PayOut platform delivers immediate access to customer funds, $CAD processing capabilities, and virtual card rebates that offset acquiring fees—all while eliminating reconciliation headaches.
The Local Currency Advantage
92% of travelers say ease of payment is critical when booking. We broke down why displaying $CAD pricing directly impacts conversion rates and reduces cart abandonment.
Watch The Full Recording
This 25-minute session includes real-world examples and actionable strategies for optimizing payment operations in the Canadian market.
