THE launch of Iata’s
NewGenISS (New Generation
of Iata Settlement Systems)
in South Africa has gone
smoothly, agents say.
The modernised agency
programme was rolled out
on December 1, with most
agents switched over to
GoStandard Accreditation.
This is similar to the old
model but includes the
introduction of a maximum
cash ticketing threshold,
called a Remittance Holding
Capacity (RHC). RHC is
calculated on the average
of an agency’s three busiest
sales settlement periods,
plus 100%. If an agency
reaches its RHC limit it will
need to settle BSP early or
switch cash sales over to the
voluntary pre-funded EasyPay
account payment option.
Agents can also switch
over to the GoLite option
where there is no minimum
financial security requirement
and agents are not subjected
to an annual financial review.
With this option agents can
only transact through Iata’s
BSP using the Iata EasyPay
and card forms of payments.
“Other than a few small
admin challenges, there have
been no complaints and the
migration appears to have
gone ahead smoothly,” says
ceo of Asata, Otto de Vries.
Melissa Meyer, Creditors
and BSP for 360 Degrees
Travel, says other than the
learning curve and a slightly
longer refund processing
flow, the agency has not
been negatively impacted by
the migration.
A Pretoria-based agency
owner, who wished to remain
anonymous, agrees that the
migration has proceeded
smoothly and says Iata
has allocated a generous
RHC limit, which it is not
concerned it is in danger of
hitting.
