GTMC Meeting 17th March 2015 More Frequent Remittance

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  

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   Slide 1 -

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

Payment flows Client TMC Airline 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 2. Reservation via GDS Airline 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 * Card payments only possible following 890 changes Virtual card TMA (Corp card – possible but not recommended)

Our solutions Saving you time, effort and money, our comprehensive suite of payment solutions puts you in complete control. Reduce administration and maximise control, with a central account and enhanced transactional data for all your corporate air travel spend. Travel Management Account Corporate cards 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. The intelligent way to pay for goods as services. When you need central control and 1-1 booking to payment reconciliation. Virtual Cards 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 Fuel+ Our range of physical and virtual Purchasing solutions can help you make significant savings by streamlining purchase processing and reporting. Purchasing solutions Prepaid cards can replace traditional cash and cheque payment methods, creating an efficient, controlled and secure way of distributing set levels of funds. Prepaid cards

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   Slide 1 -

Any Questions? Payment makes it happen payment payment booking tool Airline Hotel company GDS traveller TMC payment payment Any Questions?