Multi Currency Cards
Asked by Anonymous
Asked 4w ago
Starting with SMEs since all of them are likely to be issued corporate cards?
Top Contributor (Oct)
I'd say unlikely to happen due to the principal-agency problem: the agent (the travellers) don't actually pay the bills, it is the principal (the company) who pays. Companies want to use YT sharp rates but then it is the travellers who are choosing which card to use.
Reconciling the difference in incentives is what prevents YT from hitting the business travellers market - if they can work it out then certainly would be very lucrative