GTMC Meeting
17th March 2015
More Frequent Remittance
barclaycard commercial
Barclaycard and the Travel Sector
Our Position
• Over 40 years in Commercial cards
• Dedicated to the Travel sector with solutions for TMCs and Corporate Buyers
• Continuously investing in developing our solutions
• 1st to market with Conferma and Hotel Tracker, our launch Virtual card solution nearly 10 years ago
BSP settlement terms and Res 890
• New IATA settlement terms – moving to fortnightly for existing agents (June 2016) and weekly for
new agents (April 2015)
• The existence of IATA 890
• IATA appear to be supporting changes in the industry and recognise the need to review 890
• Proposal that bi-lateral agreements can be made
• IATA member forum – 2 airlines objected. Need unanimous vote so will be re-presented
barclaycard commercial
2
It’s a complex world
•
We understand the complexities of the TMC model - no one size solution
•
We work with TMCs (as clients and intermediaries) and your customers
•
Our strategy is to integrate with agencies and technology providers
•
Payment can provide continuity and stability within the booking and reconciliation process
•
For central accounts the spend type (BSP air, LCC, hotel) will lead to the most appropriate card
solution
•
Key considerations:
•
Global coverage
•
Control and compliance
•
Data visibility
•
Cash-flow
•
Speed of booking
•
System integration – (agent direct or via a relationship such as Conferma or Multicom)
All resulting in cost and risk reduction
barclaycard commercial
3
Global Commercial Payments
Expanding global reach
We do business where you do business.
18
local languages*
84
countries in which
Barclaycard can
directly self-issue
Self-issue markets
9
currencies*
* Product restrictions apply. Currencies available: GBP, EUR, USD, SEK, DKK, NOK, CHF, PLN, CAD
barclaycard commercial
4
Payment flows
The payment options for scheduled air spend are restricted until a change is made in reg 890 restricting
TMCs to paying by BSP or using clients cards for settlement direct to airlines
3. Payment direct to airline
 Corp Card
 TMA
 Virtual card
 BSP
Client
1. Client books travel
TMC
4. Client pays booking fee
 Corp Card
 TMA
 Virtual card
 BACS
* Following 890 changes client could settle
In full with TMC then TMC on-settle to airline
barclaycard commercial
2. Reservation via GDS
Airline
* Card payments only possible following 890 changes
 Virtual card
 TMA
 (Corp card – possible but not recommended)
5
Our solutions
Saving you time, effort and money, our comprehensive suite of payment solutions puts you in complete
control.
Corporate cards
Travel
Management Account
Our corporate cards are a convenient way
for travellers to pay on-trip expenses while
allowing you to keep tabs on spend and
reducing paperwork.
Reduce administration and maximise
control, with a central account and
enhanced transactional data for all your
corporate air travel spend.
Barclaycard Fuel+
Fuel+ is a complete solution that gives your
drivers an easy way to pay. It gives you
control over your entire fleet’s business fuel
costs and assists with HMRC compliance.
barclaycard commercial
Virtual Cards
The intelligent way to pay for goods as
services. When you need central control
and 1-1 booking to payment reconciliation.
Purchasing
solutions
Prepaid cards
Our range of physical and virtual
Purchasing solutions can help you make
significant savings by streamlining purchase
processing and reporting.
Prepaid cards can replace traditional cash
and cheque payment methods, creating an
efficient, controlled and secure way of
distributing set levels of funds.
6
Barclaycard Commercial Partner Programme
The Barclaycard Commercial Partnership programme moves spend from BSP settlement to end client
card accounts administered by the TMC. This falls in line with reg 890, provides TMCs with an
alternative to BSP settlement and delivers additional value to end clients
How we support our partners:
•
Working with you to support your clients
•
Dedicated resource
•
Relationship and relevant products are essential
•
Implementation teams – programme and technical implementation
•
Performance payments
barclaycard commercial
7
Payment makes it happen
booking tool
Airline
company
Hotel
GDS
traveller
TMC
payment
payment
Any Questions?
barclaycard commercial
8