1. GTMC Meeting 17th March 2015 More Frequent Remittance

2. 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

3. 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
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4. 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

5. 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)

6. 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

7. 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
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8. Any Questions? Payment makes it happen payment payment booking tool
Airline
Hotel
company
GDS
traveller
TMC
payment
payment
Any Questions?