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Travel Agency Accreditation, Explained: IATA, IATAN, ARC, CLIA, and TRUE

AltexSoft Travel

IATA accreditation for air travel: IATA vs IATAN vs TIDS International Air Transport Association or IATA is a global trade association of airlines that develops standards and practices for the aviation industry. IATA accreditation exists to verify travel agencies and control the revenue flow, and it’s accepted worldwide. Who is it for?

Travel 59
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Airline Consolidators Overview: Their Role, Advantages, and Key Players

AltexSoft Travel

Most of the large consolidators appeared in the 1970-1980s when airlines had more seats than they could ever sell via travel retailers. Consolidators pass on net fares to travel agencies, charging a premium on top of each seat. In any case, travel agents get a good margin to earn money. 24/7 customer support.

Airlines 113
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Buy Now Pay Later for a Travel Business: How BNPL Works and Ways to Implement It

AltexSoft Travel

In retail, shoppers get their purchase immediately after the first installment is credited, but if BNPL is used to buy services (travel, insurance, education, etc.), Merchants also have to meet certain requirements to qualify – which is understandable since all financial institutions are required to adhere to KYC/AML regulations.

Travel 52