Deferred Payment

A deferred payment is a payment arrangement that allows customers to delay payment until a later date, often used in financing plans.

Deferred Payments in Travel

Deferred payments are gaining popularity in the travel industry, allowing customers to book holidays now and pay later, making travel more accessible.

Deferred Payment Challenges

‍Travel companies must manage the risk of non-payment and ensure clear communication regarding payment terms.

Key Takeaways

• Allows customers to delay payments.
• Increases accessibility to travel.
• Requires careful management to mitigate risks.

How Felloh can Help with Deferred Payments

‍Felloh offers deferred payment options, helping travel businesses manage the associated risks while providing flexible payment solutions to customers.