Travel professionals

IATA proposes efficient financial solutions to travel professionals.

Billing

• Billing and Settlement Plan (BSP): Settlement of passenger sales from Travel Agents to Airlines
• NewGen ISS: Transforming IATA's Settlement Systems with industry solutions for Travel Agents and Airlines

Settlement

• Travel Industry Exchange Settlement Solution (TIESS):  Electronic invoicing service - Multi-currency e-Settlement - Prompt reconciliation

Payment

• Travel Agent Services Fees (TASF): Facilitate fee collection - Competitive credit card rates that are reliable and flexible
• IATA Financial Gateway (IFG): Global payment enabler - optimizes sales payment processes irrespective of distribution networks, business models or payment methods

Card Services

• IATA Perseuss: Card fraud prevention - Early detection - Data exchange within user community

Other Solutions

• iiNET is presently the most comprehensive, flexible and reliable electronic data exchange and data distribution service available to the industry