Banking Location Travel Agent Vendor 
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
But B2B payments are just as important – those are the payments between a hotel and its partners such as online travel agencies (OTAs) , travel agents, travel management companies (TMCs) , corporates, and so on. Limited currencies, when prices are displayed in the currency of the country where a property is located.
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AltexSoft Travel
NOVEMBER 24, 2021
A leading global distribution system in North America, Sabre leverages the content from airlines, hotels, car rentals, and other travel suppliers across the world. Instead of connecting with thousands of vendors separately, an online booking platform can integrate with just one GDS — and tap into the almost exhaustless source of information.
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
JUNE 25, 2022
There have been numerous cases when travelers have been sold counterfeit airline tickets, hotel rooms that don’t exist, false vacation packages, and car rentals from fake vendors. As a result, the bank takes the money from a merchant and returns it to the cardholder. What to do to prevent fraud? What to do to prevent fraud?
AltexSoft Travel
OCTOBER 27, 2023
As Phocuswright’s US Online Travel Agency Market Report 2022-2026 shows, OTAs receive only 22 percent of total gross bookings, lagging well behind direct supplier channels (41 percent) and offline agencies (37 percent). The channel share in US travel as of 2022. Source: Phocuswright. percent from 2023 to 2027. A customizable website.
AltexSoft Travel
JULY 24, 2023
A traveler books a room for two nights via OTA and provides credit card information to pay $100 for the stay. The OTA authorizes the payment with its acquiring bank. Other vendors, from sightseeing tour companies to airlines to cruise lines, are also not big fans of VCCs — and for a reason. It basically covers everything.”
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