Glenn Fogel, Executive Director of Booking Holdings: We are continuously working on the development of all payment systems, and we recognize the potential in cryptocurrencies

first_imgFogel believes that in the future, all payments will be made mainly via mobile phones, and cash payments will become a rarity. “You can already make payments by phone using your fingerprints or scan your mobile phone at the reception, but the process is still quite fragmented.” Strategic cooperation within the entire ecosystem is the most important factor in leaving a positive and lasting impression on the global travel industry, Fogel believes. “We envision a future in which travel operators, independent researchers, NGOs, institutes, social enterprises and governments work hand in hand to continuously advance the global travel experience.” Also, Fogel does not believe that private companies should take on their roles in trying to tackle mass tourism. “Our job is not to tell passengers where they have to go, but our job is to provide passengers with as many different choices as possible”, Said Fogel. With the development of super applications, ie a range of various applications that are implemented in one (such as WeChat), Booking is also interested in a similar strategy. “We want to provide a complete platform for the end-to-end experience. Our mission is to help people experience the world. The whole world is at your fingertips, but it’s still too complicated to experience. Technology could make this possible so complete infrastructure is needed in one place. Payments are a great example of this. We work to build a payment infrastructure for all types of payments – credit cards, WeChat Pay, Alipay and the like – in our technology so that anyone and anywhere can pay for a hotel or any experience, without worrying about whether the supplier accepts the preferred form of payment payment.” Also, Fogel recognizes the potential for a new form of global currency that is protected and secure. “When Bitcoin became famous, many questioned its legitimacy. But I believe that blockchain currencies will continue to emerge and there is a possibility that some of them will become more widely accepted around the world.” Glenn Fogel, CEO of Booking Holdingscenter_img Booking Holdings has entered into cooperation with Libra cryptocurrency and is currently working on new payment systems. Fogel believes that security and privacy are the most important items in the development of payment systems. “Everything must work without any difficulty. The most advanced payment technologies and solutions can be developed, but if the public is not convinced of the security of their data, everything loses its meaning.” Fogel also touched on mass tourism, especially on the example of Amsterdam where Booking.com is headquartered. Asked whether he believes that Booking, as a responsible online travel agency, should limit the number of tourists in overcrowded tourist destinations, Fogel believes that it is not up to private companies to regulate tourism in destinations. “There is no doubt that there are concerns about mass tourism and we do not take it lightly, but city officials and governments have a responsibility to determine the right steps, rules and legislation in favor of their cities. In these cases, we will abide by any law that is set. We have a great relationship with Amsterdam and are active in many discussions about solving the problems the city is facing. Also, it is not our job to tell passengers where they have to go. Our job is to provide passengers with as many choices as possible where they want to go.” Booking Holdings CEO Glenn Fogel is a big proponent of the development and use of various payment systems for travelers, especially in countries outside the United States where credit cards are not the primary method of payment, Skift reports. Source / photo: Shiftlast_img read more

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Cricket News Quinton De Kock 79* Powers South Africa To Series-Levelling Win Vs India

first_img For all the Latest Sports News News, Cricket News News, Download News Nation Android and iOS Mobile Apps. New Delhi: Heading for the toss at the M Chinnaswamy stadium, Virat Kohli’s mind seemed to be in Australia. The Indian skipper was apparently planning long-term for the 2020 World Cup. What else would prompt Kohli, who knows the M Chinnaswamy wicket like the back of his hand due to his IPL experiences, bowl on a deck where chasing becomes easier? His rationale at the toss was “I know it’s a ground where teams chase well. Even in the IPL, it’s a chasing ground. Heading into the World T20 though, we need to improve areas as a team. We know we’re one of the top chasing teams. Batting first is something we’re also looking to strengthen. Results are always a priority, but we need to get out of our comfort zone also. Come the World Cup, toss is not in your control, you should be able to perform whether batting or bowling first.”It is a good thing that India wanted to challenge themselves. However, against South Africa, it backfired spectacularly. Shikhar Dhawan was the only Indian batsman to cross 30 while the rest of the batting order fumbled to the discipline of Beuran Hendricks and Kagiso Rabada. In response, Quinton de Kock showed his prowess with the bat and blasted his second consecutive fifty as South Africa leveled the three-match series 1-1 in style with a thumping nine-wicket win. Dhawan started off brilliantly with a boundary in the first ball of the match while Rabada struggled for control, bowling three wides and getting hit for two boundaries by Rohit Sharma. However, Beuran Hendricks picked up on Rohit’s weakness against the inswinging delivery and trapped him plumb in front for 9. Also Read | Virat Kohli Blasts Record Fifty, India Crush South Africa in MohaliThe left-handed Dhawan looked in great touch with a couple of boundaries off Andile Phehlukwayo and two sixes off Tabraiz Shamsi but the bowler had his revenge when Dhawan miscued a flighted ball to be caught at cover. Kohli, on the other hand, struggled big time and Rabada struck the killer blow. Kohli attempted the flick. Chinnaswamy was in anticipation for something special. That shot had made the cricketing world go ga-ga in Mohali. Here, the distance was not there and was caught at deep midwicket. Also Read | Not Sure How Captaincy Will Affect Me As A Cricketer: Quinton De KockThe platform was set for Rishabh Pant to silence his critics. He was playing a high-risk game and he showed his prowess with a scooped six off Dwaine Pretorius but Fortuin turned the game with the wickets of both Pant and Shreyas Iyer in the same over. In the death overs, South Africa bowled with discipline. Only four boundaries came in the final five overs and India were restricted to 134/9.In response, De Kock and Reeza Hendricks started brilliantly. India did not help their causes by wasting a review and when de Kcok missed a sweep off Washington Sundar, India had no reviews left after appealing for an LBW. Replays showed the ball was hitting the stumps and India had a deflated look. De Kock regularly found the boundaries but India had something to smile when Hendricks mistimed a pull off Hardik Pandya only to be wonderfully caught by Kohli at midwicket. However, de Kock notched up his fifty with two boundaries off Hardik while Temba Bavuma got going with a couple of boundaries off Navdeep Saini. Both batsmen ensured South Africa got over the line without much issues. Foresight is a wonderful thing but when it is not executed well, things often fall flat.last_img read more

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