SPS is Abta’s direct debit system, allowing fast online payments between agents and operators. Transactions are consolidated by the scheme, so that each week only a single payment is made in or out of each member’s bank account.
The new SPS was developed by technology company Travel Ledger. Abta said it would give members more control over their payments, “not only who they transact with, but also by facilitating deposit and balance payments from travel agents to tour operators, and refunds from operators to agents”.
Abta prepares new Single Payment Scheme for launch
Operators
Gary Noakes
3 August 2021
A replacement for Abta’s Single Payment Scheme (SPS), will launch in late summer.
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