What is the new BSP value proposition for airlines?

Printable View
« Go Back

Information

 
Validation StatusNot Validated
CNS ArticleNot Checked
TitleWhat is the new BSP value proposition for airlines?
Summary
URL NameWhat-is-the-new-BSP-value-proposition-for-airlines
CS Portal linkhttps://portal.iata.org/faq/s/article/What-is-the-new-BSP-value-proposition-for-airlines
Answer
With the modernization of the BSP through the introduction of the NewGenISS programme, the BSP value proposition has been enhanced with further agency risk management activity and better airline visibility and control on the forms of payment used by agents in BSP (TIP).
The new BSP value proposition is composed of four main pillars:
  • Industry distribution framework with the Passenger Sales Agency Agreement and the BSP
  • Added- value standard reporting, remittance and settlement activities
  • Agency risk management activities
  • BSP transparency in payments
The key benefits for airlines are faster settlement, safer funds and lower cost of distribution.
New ArticlesNot Checked
Created By_
Page Background Image