Consumer travel demand was softer than we expected in the quarter, primarily with our smaller OTA customers. Travel-related customer purchase volume grew 12% compared to last year, which is down significantly from the growth rates we have seen recently.

Jul 25, 2024 / CFO / receipt, needs a key / Jagtar Narula, CFO | earnings call 2024-07-25 | transcript 5cbb99d3-0f33-4b8d-8692-2ceea09baa3e | chars 18551-18804 | segment 18

We continue to see strength in consumer travel demand that drove strong results in corporate payments.

Apr 25, 2024 / CFO / receipt, needs a key / Jagtar Narula, CFO | earnings call 2024-04-25 | transcript 30173ea9-4019-4942-b01a-366f8732b242 | chars 20444-20546 | segment 20

Travel-related customer revenue grew 30% compared to last year.

Apr 25, 2024 / CFO / receipt, needs a key / Jagtar Narula, CFO | earnings call 2024-04-25 | transcript 30173ea9-4019-4942-b01a-366f8732b242 | chars 20547-20610 | segment 21

Breaking down this segment further, travel-related customer volume represented approximately 71% of the total spend and grew 84% compared to last year. Revenue from travel-related customers was up 87% versus Q1 2022. This reflects continued strength in the consumer travel demand, and we are very pleased with these results.

Apr 27, 2023 / CFO / receipt, needs a key / Jagtar Narula, CFO | earnings call 2023-04-27 | transcript f7f054c3-2c59-4ddc-815b-378c1c6767a9 | chars 17530-17854 | segment 17