NewGen ISS aims to empower travel agents and airlines to tackle the challenges of today and prepare for the challenges of tomorrow. NewGen ISS brings stronger customer focus and relevance to the Billing Settlement Plan (BSP) through flexible, safe and cost-effective solutions.
NewGen ISS offers travel agents three accreditation options called GoLite, GoStandard and GoGlobal reflecting agents’ varied business needs. Each accreditation model comes with different participation terms, payment options and financial requirements.
In addition, NewGen ISS introduces a voluntary, pay-as-you-go payment method called IATA EasyPay, and an enhanced risk management framework, which includes a new feature called the Remittance Holding Capacity (RHC).
Following the first NewGen ISS launch in BSP Norway, effective March 2018, NewGen ISS has been progressively rolling out across BSPs. As of December 2019, NewGen ISS has gone live in approximately 100 BSPs. All BSPs are expected to be migrated to NewGen ISS by 2020.
What does NewGen ISS mean for your business?