1 / 13

ICH User Group UATP Update

ICH User Group UATP Update. 20-22 October 2010. What is UATP?. Low cost payment network privately owned by 21 airlines worldwide Founded in 1936 (the world’s first charge card) UATP is accepted as a valid form of payment by more than 260 Merchant airlines and thousands of travel agencies

quang
Download Presentation

ICH User Group UATP Update

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. ICH User GroupUATP Update 20-22 October 2010

  2. What is UATP? • Low cost payment network privately owned by 21 airlines worldwide • Founded in 1936 (the world’s first charge card) • UATP is accepted as a valid form of payment by more than 260 Merchant airlines and thousands of travel agencies • Annual UATP sales (2009) totaled approximately USD 9 billion • Processed through GDSs & directly like other payment solutions (e.g., VISA) • One of the four ICH settlement classes

  3. Participants in the UATP Network • Issuers – are the airlines who issue their own UATP card and have the direct relationship with the Corporate Subscribers • Merchants – are the entities who accept the UATP card as a form of payment through distribution channels • Corporate Subscribers – are the cardholders of the UATP card. UATP accounts are held by thousands of major corporations worldwide • UATP – is the organization which provides the infrastructure and support to permit the program to operate and grow

  4. Background • In 2006, UATP and IATA worked together to establish the ATCAN-ICH link • Created an automated means for participants to have UATP transactions submitted for settlement via ICH • UATP Members could opt-out of the link • Currently supporting 140 Merchants

  5. SIS and UATP • In late 2009, UATP began working with IATA to implement SIS as a replacement to the ATCAN-ICH link • UATP established a working group to address SIS (UATP WG) • Working group reports to full membership biannually

  6. Master Invoice • Many UATP Members expressed concern over the potential for significant invoice fees under SIS • UATP WG and IATA worked together to create a master invoice • Master invoice aggregates multiple ATCAN invoices and adjustments/chargebacksto create a single SIS invoice per settlement period for each Merchant/Issuer pairing • Reduces costs to UATP Members

  7. Master Invoice SIS Legal Invoice* Master Inv 1 ATCAN Master Inv 1** Original Inv 1 Original Inv 2 Original Inv 3 Original Inv 4 Original Inv 5 Original Inv 6 Original Inv 7 Original Inv 8 Original Inv 9 Discount Net ATCAN Inv 1 SIS Original Inv 1 Original Inv 2 Original Inv 3 Original Inv 1 Original Inv 2 Original Inv 3 Original Inv 1 Original Inv 2 Original Inv 3 ATCAN Inv 2 Original Inv 4 Original Inv 5 Original Inv 6 Original Inv 4 Original Inv 5 Original Inv 6 Original Inv 4 Original Inv 5 Original Inv 6 ATCAN Inv 3 ICH SIS Reconciliation Data File Original Inv 7 Original Inv 8 Original Inv 9 Original Inv 7 Original Inv 8 Original Inv 9 Original Inv 7 Original Inv 8 Original Inv 9 Original Inv 1 Original Inv 2 Original Inv 3 Original Inv 4 Original Inv 5 Original Inv 6 Original Inv 7 Original Inv 8 Original Inv 9 Discount Net Discount Summary Sheet Existing UATP Process Master Inv 1 (aggregated total) * May include all legal invoice elements ** ATCAN invoice numbers will be dropped

  8. 8) ICHPays Merchant 2) MerchantSubmits Invoice Data 1) Subscriber Buys Ticket 3) Merchant Receives Report 8) IssuerCollects From Issuer 4) ATCANInvoice Data To Issuer 5)Issuer Invoices Cardholder 6) Cardholder Pays Issuer Data Funds UATP-SIS Process ICH Airline Merchant 7) ATCANSubmits to ICH Through SIS SIS ATCAN (Acquirer) Cardholder Issuer

  9. Opt-In/Opt-Out • UATP Members may opt-out of the automated process • Members would need to establish their own connectivity to SIS • Would submit UATP transaction in the same manner as other settlement classes

  10. Comparison

  11. Recent Accomplishments • Reconciliation File – Finalized and approved • IS-XML Format – Finalized and approved • ISPG – Completed edits to UATP section • “Middleware” – Concept approved • Invoices – Undergoing final review for format and content

  12. Next Steps • Work with IATA through their development phase • Define opt-in/opt-out groups • Develop “middleware” application • Pilot submission to SIS with small group in Q4 2011 • Fully implement Q1 2012 • Further updates via UATP Bulletins beginning in November 2010

  13. Questions?

More Related