The International Air Transport Association has announced progress of its New Generation IATA Settlement Systems (NewGen ISS) with the selection of Edenred and Multiservice Technology Solutions to implement the EasyPay payment solution for travel agents in more than 100 markets.
Travel agents can set up and fund the new EasyPay e-wallet to pay for airline tickets issued through the IATA Billing and Settlement Plan (BSP).
The voluntary “pay as you go” payment option is added to traditional cash remittances and credit card payments.
IATA expects EasyPay will also enable a simpler form of agent accreditation and ease financial security requirements on agents, allowing them to sell beyond their cash capacity. Airlines also benefit from a fast, secure and cost-effective payment solution.
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