Click Travel to trial new IATA settlement system

Click Travel and British Airways have been selected to trial the International Air Transport Association’s new ‘Settlement with Orders’ solution, which is designed to simplify the management of payments.The new B2B settlement system is an extension to and uses IATA’s  and One Order standards, which provide a single reference number for each booking, linking all related transactions.Historically, any changes were given a new, separate ticket number, which then had to be manually cross-referenced.According to Click Travel, Settlement with Orders takes this concept further by allowing third parties to build and develop automated payment processes using the same single reference number.

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