Travelex CEO Says Travelers Getting Smarter About Managing FX Risks

The travel industry is on a strong rebound post-pandemic, experiencing a notable resurgence in activity and revenue.

And despite the rise of digital payments methods, Richard Wazacz, CEO at foreign exchange company Travelex, tells PYMNTS that the continued use of cash as the primary payment method for cross-border travel is fueling the increase in travel industry revenue.