| Answer | To ensure the BSP continues to deliver value to both airlines and IATA travel agents, IATA is implementing the New Generation of IATA Settlement systems (NewGenISS) which represents the most extensive and ambitious modernization of the BSP since it was created in 1971.With it, the BSP value proposition is enhanced offering the following benefits:
- More choice and flexibility to IATA travel agents with the introduction of 3 new accreditation models (Go Lite, Go Standard, Go Global)
- A unique numeric code for recognition by any industry principal
- Access to sell the services of over 300 airlines
- Introduction of new form of payments such as IATA EasyPay. A new “pay as you go” e-wallet solution for agents to issue tickets via the BSP.
- A streamlined legal basis for engaging with airlines through provision of a single Passenger Sales Agency Agreement covering both Ticket System Providers (TSP) and NDC sales Value-added standard reporting, remittance and settlement activities for both TSP and NDC sales
- Introduction of alternative financial security type, such as the Global Default Insurance Programm.
Enhanced 24/7 customer support to better address agents needs. |
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