---
title: "Virtual Cards in Travel Payments: Four Trends for 2024"
description: Download Modulr and Visa's whitepaper to see how developments in virtual cards will affect B2B travel businesses in 2025 and what you need to do to stay competitive.
image: https://www.modulrfinance.com/hubfs/Research%20report_Cover%20mockup-1490x1490_v4.png
---

![Research report_Cover mockup-1490x1490_v4](https://www.modulrfinance.com/hubfs/Research%20report_Cover%20mockup-1490x1490_v4.png)

Research

# Virtual Cards in Travel Payments: Four Trends for 2025

With the total number of virtual card transactions set   
to grow to 175 billion, Modulr and Visa look at how  
travel businesses can optimise their use. 

[ Get your copy ](https://www.modulrfinance.com/virtual-cards-in-travel-payments-four-trends-for-2025#form)

![Research report_Cover mockup-1490x1490_v4](https://www.modulrfinance.com/hubfs/Research%20report_Cover%20mockup-1490x1490_v4.png)

 Produced in partnership

![Modulr Visa report](https://www.modulrfinance.com/hs-fs/hubfs/Modulr%20Visa%20report.jpeg?width=1000&height=100&name=Modulr%20Visa%20report.jpeg)

![](https://www.modulrfinance.com/hubfs/revenue%20growth%20in%20travel%202.jpg)

## Key insights from this report:

- The revenue generated by **virtual card transactions in the travel sector is set to rise to $113.8 billion** by 2028. B2B travel businesses need to focus on how to enhance this technology's capabilities to extract more value from it.
- **Europe’s travel markets saw 2023 gross bookings increase by an average of 16.25%** across the region: rising to €68 billion in Germany, €55 billion in France, €17.2 billion across Scandinavia and £47.3 billion in the UK.**
  
  **
- **Independent bookings are rising in popularity**, already making up over 80% of travel bookings in the US. To adapt, online travel agencies will need to invest in their customer interfaces and payments.  
- Strengthening their defences against fraud is a priority for many businesses, with **90% saying they believe digital fraud will rise** in 2024.  
- **60% of companies** surveyed said they** haven't explored automation** solutions for virtual cards, representing a substantial growth opportunity. 

[ Get your copy ](https://www.modulrfinance.com/virtual-cards-in-travel-payments-four-trends-for-2025#form)

![](https://www.modulrfinance.com/hubfs/Modulr%20Website%202024/Illustrations/Home_Travel.svg)

## Get your copy to:

- See how you can use virtual cards to **streamline payments, cut costs, automate reconciliation** and **mitigate liquidity risk**. 
- Identify ways that online travel agencies can** stay competitive as direct and independent bookings grow in popularity** by upgrading your payments to appear more personalised. 
- Learn how virtual cards can help **strengthen your defences against fraud** in a market where security is a top priority for every stakeholder involved. 

[ Get your copy ](https://www.modulrfinance.com/virtual-cards-in-travel-payments-four-trends-for-2025#form)

![Research report_Open spread mockup-1490x1490_v4](https://www.modulrfinance.com/hubfs/Research%20report_Open%20spread%20mockup-1490x1490_v4.png)

## Download your copy now

 Submit your email to get your copy of *Virtual Cards in Travel Payments: Four Trends for 2025*

### See how Modulr helps B2B travel businesses.

[ Learn more ](https://www.modulrfinance.com/embedded-payments-for-b2b-travel)

![](https://dc.ads.linkedin.com/collect/?pid=1127161&fmt=gif) ![](https://px.ads.linkedin.com/collect/?pid=1127161&fmt=gif) ![](https://www.52cloudacute.com/804067.png)

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