IATA’s NewGen ISS offers three flexible accreditation options for agents.
IATA’s new accreditation models are better tailored to agents’ needs to provide more flexibility and choice.
As part of NewGen ISS, IATA is introducing three new accreditation options to provide more choice and flexibility to travel agents and widen access to IATA accreditation. The new accreditation models are tailored to the needs of different travel agents and offer greater flexibility should a travel agent’s business needs change. All of IATA’s models are voluntary and open to any agents who meet the eligibility requirements.
Learn more. Explore IATA’s accreditation options to see which model best suits your business.
The GoLite accreditation option allows agents to transact with airlines using IATA EasyPay and BSP Card forms of payment without a Cash facility. Since the default risk associated to BSP Cash is removed, GoLite agents are subject to fewer financial requirements.
There is no minimum financial security for GoLite agents that want to issue tickets exclusively using IATA EasyPay, a new pay-as-you-go e-wallet solution. For agents who want access to BSP Card for the issuance of tickets, in addition to IATA EasyPay, a minimal financial security is required to cover the associated risk.
In addition, agents under this model will not be subject to the annual financial reviews, which can bring substantial cost savings for smaller agents. If you are interested in becoming a GoLite agent, apply through IATA’s customer portal.
GoStandard accreditation is based on the traditional IATA accreditation. This model allows agents to be accredited in a Billing Settlement Plan (BSP) with access to all payment methods, including BSP Cash and BSP Card. In addition to these, GoStandard agents will now be able to use a new, pay-as-you-go e-wallet solution called IATA EasyPay.
GoStandard agents will continue to be subject to the local financial criteria and requirements applicable to the BSP of accreditation. However, with the implementation of NewGen ISS, a new risk management framework will apply.
Importantly, as part of this new risk management framework, GoStandard agents will be assigned a Remittance Holding Capacity (RHC) – a monetary threshold for an agent’s outstanding Cash sales to the BSP. The RHC is intended to create a safer selling environment, and will be calculated with sufficient room for year over year growth so that the majority of agents are unlikely to reach their respective thresholds. In the event that the RHC is reached, agents will be able to continue issuing tickets using IATA EasyPay and BSP Card.
IATA-accredited agents will be transitioned to the GoStandard model when NewGen ISS is introduced in a market, with the option to convert to another accreditation model at any time, should they wish to do so.
GoGlobal accreditation offers a one-stop-shop for large, international travel agencies, allowing them to maintain a single accreditation for all the Billing Settlement Plans (BSPs) in which they participate. This accreditation option delivers significant operational efficiencies for multi-country agencies by allowing them to streamline their accreditation processes and to comply with a single set of global financial requirements. GoGlobal-accredited agents will have access to all available payment methods: BSP Cash, BSP Card and IATA EasyPay, a new e-wallet solution for agents.
A new risk management feature within NewGen ISS – the Remittance Holding Capacity (RHC) will also apply to all accredited agents under the GoGlobal model. RHC establishes a monetary threshold for agents’ outstanding BSP cash sales pending remittance to the BSP. For GoGlobal travel agents, the RHC will consist of an aggregate amount covering their BSP Cash sales worldwide.
Under GoGlobal accreditation, the entire agent group will be subject to global financial criteria, established in the Resolution. This includes a quarterly financial review of the parent entity under the Multi-Country Assessment Framework. The parent will also take on full legal and financial responsibility for the agency group. If the agent fails the quarterly review, the parent will also be required to provide a financial security covering the sales at risk for all of the group’s locations.