How to Efficiently Recover Merchant Fees Using ATPCO s Ticketing Fees Solution. 6 August 2013



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Transcription:

How to Efficiently Recover Merchant Fees Using ATPCO s Ticketing Fees Solution 6 August 2013

Agenda Credit card fees in airline distribution costs A solution to recover merchant fees Current process New opportunities How to file Q&A 2

Credit card merchant fees facts Credit card merchant fees are the major distribution cost for airlines* Credit card companies charge airlines more than USD 2 billion annually Airlines pay a credit card merchant fee on about 40% of all bookings * Charge ahead White Paper by BCD Travel 5

Do you recover merchant fees? Example 1 Ticket MAD-NYC-MIA $2000 Credit card fee 1.5 3% Credit card fee $30-60 Example 2 Airline sells 9 million tickets annually 40% of bookings are paid by credit cards Average credit card fee is 2% Average ticket price is $150 Credit card fees = $10M You need a solution to be able to recover these costs! 8

Solution ATPCO s Ticketing Fees Enables the validating carrier to recoup either a portion of or the entire credit card merchant fee that is imposed at time of ticketing Allows carriers to recover the cost of ticketing through expensive channels 9

Flexibility ATPCO s Ticketing Fees allows you to design the recovery model that meets your needs and to control the application of the ticketing fees based on Credit or debit card type Point-of-sale geography Ticketing channel Passenger type Fare basis/fare basis owner Etc. 10

Market leaders 74 carriers file ticketing fees data with ATPCO for the following 18 markets: Australia Austria Belgium Denmark Finland Germany Greece India Ireland Italy Jordan Morocco Norway Spain Sweden Switzerland Netherlands United Kingdom Our research showed more countries may allow credit card surcharges 11

Current process Carriers need to be able to distinguish between a credit and a debit card To apply different fee amounts To not charge for debit cards Carriers file debit card exceptions in FC sub codes in ATPCO s Ticketing Fees application, which results in large amount of filings and affects response time during data maintenance 12

What s New? Bank Identification Number (BIN) Answer Table Identify debit and credit card payments in Ticketing Fees processing Enable systems and other subscribers to distinguish these payments 13

Bank Identification Number (BIN) Answer Table Systems will implement on 20 August 2013 14

What s New? 15 Ticketing Fees FD Sub Codes New sub codes for debit cards will be available on 20 August 2013 SUB CODE DEFINITION FDA Any debit card FD1 Debit card numbers starting with 1 FD3 Debit card numbers starting with 3 FD4 Debit card numbers starting with 4 FD5 Debit card numbers starting with 5 FD6 Debit card numbers starting with 6

Filing is easy With ATPCO s BIN Answer Table and FD sub codes, you no longer have to code debit card exceptions in FC type sub codes 16

How it works If the BIN is defined as debit in the BIN Answer Table, then the card shall be processed against the Ticketing Fees FD sub codes If the card s BIN is defined as credit, charge, or blank (unknown), or does not exist in the BIN Answer Table, then systems will process this card as a credit card, therefore processing FC sub codes 17

If you do not want to charge a fee for a debit card Option 1 Option 2 Do not file any FD data File an FDA sequence that specifies no charge Choose whether this is shown or not shown on the receipt 20

If you want to charge a fee for a debit card File a charge in FD sub codes in ATPCO s Ticketing Fees application Example Apply charge of EUR 5.50 for all debit cards except BIN numbers starting from 4666 23

Coordinate with ATPCO If you have debit card exceptions coded in FC sub codes Please do not delete debit card exception data until you receive further instructions from ATPCO ATPCO will coordinate the deletion with you after industry implementation date of 20 August 2013 24

Act now! It s time to recover merchant fees paid to charge card and credit card companies! We will be happy to assist you with any questions and requests svcfees@atpco.net Service Fees products mailbox answertablebox@atpco.net Answer Table product mailbox 26

Questions?

How to Efficiently Recover Merchant Fees Using ATPCO s Ticketing Fees Solution 6 August 2013