FROM AFTA’s chief executive Jayson Westbury – The IATA
NewGenISS is
coming to
Australia and
for those IATA
agents that remain in the AUBSP
notifications it would have
already started to find its way
into your inbox.
For most travel agents, the IATA
NewGenISS will have minimal
impact in the early phase of the
rollout which is set to take place
late Nov this year, however for
those IATA agents who retain
IATA accreditation, not just a
TIDS number, significant change
is coming.
AFTA will be hosting a webinar
on the subject this Fri 21 Sep
at 2pm and if you are an AFTA
member and retain IATA
accreditation register at afta@
afta.com.au with the subject –
Register for NewGenISS webinar.
Some of the changes include
the introduction of a new level
of accreditation called – IATA
Golite Accreditation, which
allows agents to shift from the
current standard accreditation
to a light version meaning they
would not be able to settle to
BSP CASH. That is, only accept
the customer’s credit card, or use
the new IATA Prepaid Easypay.
My view on this is, that you would
be better off just ticketing via a
consolidator.
The other change is the
introduction of a credit limit for
IATA agents with the new name
– Remittance holding capacity
(RHC). This applies a limit to
the amount of sales each billing
cycle can have without an early
remittance or a change in the
way you pay for the tickets. IATA
will advise all IATA agents in the
coming months on what your
individual RHC will be.
The introduction of a new
form of payment known as IATA
EasyPay – my view, a waste of
time. The new Default Insurance
provider – for those IATA agents
that are required to post a
guarantee with IATA and the
most important part is the Risk
Status applied to IATA agents.
The Risk Status is the critical
part of the NewGenISS
as it overrides all current
arrangements in the local
financial criteria and may require
IATA agents to post a guarantee
where previously not required
So as I say – for those agents
who are wondering what it is all
about, best you consider taking
part in either the AFTA Webinar
or keep a keen eye out for future
webinars run by IATA over the
coming months.
Source: traveldaily