Airline Payment: from Cards to Blockchain (Classroom, 3 days)


About

Changing customer preferences and distribution channels, innovative technologies and regulation are impacting the world of payments. While security and cost of card payments present challenges today, instant bank transfers, electronic wallets and other innovations such as Blockchain are expected to further shape the future of payments. They will enable the creation of new payment solutions and the evolution of existing ones. What does this mean for airlines, and how can they best prepare for these changes?

In this course you will explore various payment methods, trends and opportunities for airlines. You will learn to compare options and recommend strategies for payment acceptance and management, taking into account market changes and customer needs, distribution channels optimization, cost, risk and cash flow.

This course is available at IATA Training Centers and Regional Training Partner locations, and on-demand as in-house training, and is part of the IATA Finance Academy.

Course Code: TALF-87

Course format

  • This classroom course provides 3 days (24 hours) of instruction delivered by an official IATA Instructor.
  • Student performance will be based on an assessment

Prerequisites

  • Participants should have a university degree in finance, accounting, business administration or economics, and at least 2 years work experience in airline finance (not necessarily in the Finance department)
  • Recommended level is Intermediate
  • The recommended level of language proficiency is ICAO Operational Level 4 for courses in English or the equivalent level for other languages.

How to register

Volume discount for Members
IATA member airlines registering 3 or more staff for the same qualifying course and training session from the IATA Finance Academy, are eligible for volume discounts: 10% for 3 registrations, 15% for 4 registrations, 20% for 5+ registrations. Volume discount only applies if it is part of one booking, i.e. it cannot be applied to multiple bookings made over time. Member airlines who are interested in the volume discount are kindly requested to contact us at finance.academy@iata.org prior to making the booking. Member and DNA discounts may be combined with Early Bird discounts and volume discounts, however any combination of the discounts can’t exceed a cap of 50% off the regular price.

Next class

Airline Payment: from Cards to Blockchain (Classroom, 3 days)

Singapore, Singapore (IATA)
13 - 15 May, 2020
Register before 22 Apr, 2020 for a USD100 discount
Please register by 21 Apr
All prices are before tax. Class no: 110207 English
Dev. Nations
USD 1,575
Member
USD 2,025
Regular
USD 2,250

2 additional classes are scheduled

Airline Payment: from Cards to Blockchain (Classroom, 3 days)

Switzerland, Geneva (IATA)
1 - 3 July, 2020
Register before 02 Apr, 2020 for a 20% discount
All prices are before tax. Class no: 110205 English
Dev. Nations
USD 1,575
Member
USD 2,025
Regular
USD 2,250

Airline Payment: from Cards to Blockchain (Classroom, 3 days)

China, Beijing (IATA)
25 - 27 November, 2020
Register before 27 Aug, 2020 for a 20% discount
Please register by 04 Nov
All prices are before tax. Class no: 110206 English
Dev. Nations
USD 1,575
Member
USD 2,025
Regular
USD 2,250

Please note that prices DO NOT include the 6% Chinese VAT. The VAT must be paid additionally if applicable to your registration.

Beijing Training Center Information

What you will learn

Upon completing this course you will be able to:

  • Apply strategies to improve acceptance, reduce cost and increase the security of card payments
  • Describe the implications of the latest payment trends and opportunities for the airline industry in light of new airline distribution models such as New Distribution Capability (NDC)
  • Recommend new payment methods based on cost, risk and benefits

Course content

  • Disruptions and Age of the Digital Customer
  • The payment card industry, players and trends
  • Card sales and transaction process
  • Implementing and improving payment acceptance policies and procedures
  • Reducing cost and increasing security of payments
  • Efficient fraud prevention strategy
  • Latest payment trends and opportunities for airlines
  • Cost, risk and benefits analysis of payment methods
  • Payment strategy for your airline

Download the Outline

Who should attend

This course is recommended for Managers in:

  • Finance
  • E-commerce
  • Distribution

Certificate awarded

An IATA Certificate of Completion is awarded to participants obtaining a grade of 70% or higher on all exercises and exams. A special distinction is awarded to participants obtaining a grade of 90% or higher.

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