Grade 12 Study Guides T. Holomisa, E. M. J. C schaller, D. J. Brown, B. de Klerk

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Gr12-Tourism-Study-Guide LR

Forms of payment when travelling internationally
Foreign Market Share
Unit 1 Forms of payment when travelling internationally

Term 3

Topic 1 Domestic, regional and international tourism
Overview
In this topic you will learn about
• Forms of payment when travelling internationally including
• Electronic fund transfers (EFT)
• Telegraphic transfers (SWIFT transfers)
• Bank drafts
• Internet payments
• Foreign banknotes (cash)
• Credit cards (Visa, MasterCard, American Express, Diners Club)
• Travellers cheques
•
Preloaded foreign currency debit cards such as Cash Passport Card/Travel
Wallet/International Travel Card
• The advantages and disadvantages of each form of payment
• Interpreting statistics regarding inbound international tourism including
• Foreign arrivals to South Africa and how the arrival statistics can determine foreign market share
• Most visited provinces in South Africa
• Length of stay in each province
• Average expenditure per tourist
• Activities undertaken whilst in South Africa.

Forms of payment when travelling
internationally
•
Electronic fund transfers EFT) Telegraphic transfers (SWIFT transfers) Bank drafts Internet payments Foreign banknotes Credit cards
•
Preloaded foreign currency debit cards Travellers cheques

Foreign Market Share
Concepts Foreign arrivals to South Africa Most visited provinces in South Africa Length of stay in each province Average expenditure per tourist Activities undertaken whilst in South Africa

© Via Afrika Publishers

Unit 1 Forms of payment when travelling internationally
There are several methods tourists can use to pay for goods and services when travelling in a foreign country. Each method of payment has its advantages and disadvantages and tourists need to do research before deciding which method is best suited to them.

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