The Kenya Association of Travel Agents (KATA) was held in Nairobi from 26th – 27th March 2024 at Fairmont Norfolk Hotel under the theme “Exploring the Kenyan Travel Industry Payments Landscape.”
About the Summit
The KATA Travel Industry Payments Summit covered all things payments, including fintech, payment technology, mobile payments, contactless and online payments, effective digital payment strategy and operations, cyber security and fraud issues and much more.
The inaugural Travel Industry Payments Summit brought together key stakeholders, including travel industry leaders, financial institutions, technology providers, and regulatory experts, to explore, discuss and strategize around the latest trends, innovations, and best practices in travel payments, so as to collectively shape the future of travel payments in the travel industry in Kenya.
Overall Objective:
To provide a platform for stakeholders in the travel industry payment ecosystem to discuss, collaborate, and shape the future of payment systems in Kenya.
Other specific objectives
- Provide insights into emerging payment technologies, trends, and regulations affecting the travel industry.
- Foster connections between travel agents, payment solution providers, and industry experts.
- Explore and showcase cutting-edge payment solutions for travel businesses.
- Facilitate discussions on industry challenges and collaborative problem-solving.
- Explore the impact of virtual payments, credit card transactions, and fintech innovations on the travel industry.
- Discuss risk management strategies, fraud prevention, and cybersecurity in travel payments.
- Analyze the regulatory environment affecting travel payments in Kenya and globally.
- Enhance knowledge on IATA Travel Agents Service Fee (TASF) and its implications.
- Facilitate networking opportunities between B2B and B2C stakeholders.
Expected Outcomes
– Enhanced industry collaboration and partnerships
– Increased awareness of the latest payment technologies and solutions.
– Strengthened risk management practices within the travel industry.
– Informed policy recommendations for regulatory bodies.
– Networking opportunities leading to potential business partnerships.
Target Audience
- Travel Industry Leaders and Executives
- Financial Institutions and Payment Service Providers
- Technology Solution Providers
- Government, Regulatory and Compliance Experts
- Travel Agencies and Tour Operators
- Startups and Innovators in FinTech and TravelTech
- Cyber Security Companies
- Airlines
- IATA
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