Handling, settling and consolidating card transactions in multiple countries and currencies is a specialized and complex business that requires expertise and costly resources. IATA has the solution - in partnership with Accelya UK Ltd, a well recognized payment service provider and Euroline, a leading global acquiring bank.
Two integrated services combine to provide centralized card processing and settlement facilities for Airline sales worldwide.
IATA CardClear and IATA CardAXS products
- Allow you to offer to your customer their favored method of payment, in multiple currencies
- Help you simplify the payment process (reduced number of card acceptance merchant agreements and processing contracts)
- Reduce your network distribution costs (favorable terms and conditions)
- Provide consolidated and centralized settlement in multiple currencies at favorable rates
- Provide detailed reporting, to facilitate Head Office reconciliation