V Australia, the new long-haul arm subsidiary of VirginBlue, yesterday (September 8) launched its own travel agent payment and settlement system.
Called the V Australia Settlement Plan (VSP), it will enable travel agents to seamlessly book and ticket V Australia flights from within the major Global Distribution Systems and settle payments directly with V Australia.
“Together with eNett our team has developed a simple solution for agents when selling V Australia, with streamlined settlement and reconciliation and next day visibility of ticket sales through a dedicated portal,” said Virgin Blue CEO, Brett Godfrey. ““We had initially intended to work through IATA BSP, however as access was not available in the timeframe we required, we preferred to develop an independent solution.”
Added eNett International CEO, Andy McCreedy: “For the first time airlines can offer their travel agents a fully integrated payment and settlement tool at the point of sale with consultants no longer having to remember the latest airline deals, the VSP system simply applying these automatically.
“The solution facilitates credit card and cash settlement capabilities, additional collection and exchange functionality including ADM, ACM and refund processing with dynamic reporting of all their V Australia payment activity at both an individual agency and travel agency group level”.
VSP will operate in Australia and New Zealand and will be made available for all IATA and TIDS travel agents. V Australia has partnered with leading GDS providers Amadeus, Galileo and Sabre to deliver the payment solution.