Transparency in Payments (TIP) is an industry initiative focused on providing airlines with increased transparency and control in the collection of their sales through the travel agency channel. At the same time, it will enable travel agents to take advantage of new forms of payment for the remittance of customer funds.

Transparency In Payments explained

provides background information on Transparency in Payments and details the solution related to TIP.

Greater transparency and flexibility in payment

The TIP initiative will enable each airline to clearly define its payment policy based on transparent product information, and travel agents will be able to use new transfer methods.

Benefits for Airlines

  • A resolution framework to ensure transparency and control for each individual airline
  • Tools to manage airline consent policy
  • Tools and reports to monitor compliance with each airline's consent policy

Benefits for Agents

  • A resolution framework to provide access to alternative transfer methods, based on airline individual consent
  • Tools to manage the enrolment of an agent's own card, and consult the airline consent list

No form of remittance is barred by TIP, but travel agents can only use those forms to which an airline has previously given consent. Importantly, if an airline consents, TIP explicitly allows travel agents to use their own credit cards.

Under TIP, providers of Alternative Transfer Methods wishing to participate in agency direct remittances to airlines of BSP sales will enlist with IATA, and provide relevant information about their payment products.

Next Steps

Following a first go-live in Finland, Norway and Sweden in April 2018, TIP has now been rolled out in over 140 markets representing 96.5% of global BSP Card sales.

While new functionalities are being released, countries continue to be incorporated with rollout expected to be completed in all BSP markets by Q1 2020.

View the list of live markets (pdf), and upcoming schedule (pdf).

How are TIP and NewGen ISS related?

Implementation of TIP is aligned with and is occurring in conjunction with IATA's NewGen ISS program, which is the modernization of the IATA Billing and Settlement Plan (BSP). The BSP was created in 1971 to facilitate the global distribution and settlement of funds between travel agents and airlines. NewGen ISS aims to deliver faster, safer and more cost effective and relevant financial settlement services and solutions to airlines and travel agents that rely on the IATA BSP.