Banking Location Regulations Travel Agent 
AltexSoft Travel
MAY 29, 2023
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. How to apply?
AltexSoft Travel
MARCH 24, 2022
Complying with complex and constantly changing regulations. Compliance with regulations such as PCI, PSD2 , SCA, or 3DS may be overwhelming for independent hotels, and having to deal with requirements when you have limited resources and infrastructure seems like a battle already lost. Online banking (iDEAL, FPX, CUP Online, etc.).
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AltexSoft Travel
JULY 14, 2022
Tour operators are travel companies that devise itineraries, create corresponding multi-component tour packages, sell them to travel agents or travelers, and make sure everything goes well from the start to the end of the trip, having full responsibility to the traveler. Tour operators: providing turn-key services.
AltexSoft Travel
NOVEMBER 24, 2021
Some states and countries force travel agencies to acquire additional permits and buy security bonds or bank guarantees to make air and non-air bookings. In the US, four states have their unique Seller of Travel (SOT) Laws and licensing — namely, California, Florida, Washington, and Hawaii. The fragment of Sabre’s intake form.
AltexSoft Travel
FEBRUARY 20, 2020
Every industry has its own regulator – an authority that sets standards and improves the cooperation inside. The air travel industry is no exception. Its main goal is to regulate distribution-related activities in airlines and commercial aviation such as fare calculations, revenue allocation, and baggage rules.
AltexSoft Travel
JANUARY 19, 2021
A carrier’s operator or authorized travel agent logs into the CRS/GDS to build a PNR file with five mandatory elements (to be discussed later in the section about PNR data). It may appear under different names — a record locator, booking reference, reservation code, or just PNR. Source: Bank Info Security.
AltexSoft Travel
FEBRUARY 15, 2022
It involves modifying content considering local regulations and cultural differences – and at the same time preserving the company’s tone of voice and brand integrity. Static, or descriptive content is the one that doesn’t change often, such as location details, amenities, policies, services descriptions, and so on. Source: 2checkout.
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