Industry Partners

IATA closely works with many industry partners and proposes financial services for an efficient collaboration. 

Settlement

• Simplified Invoicing and Settlement (SIS): Electronic Invoicing platform with a direct link to hundreds of airlines and industry core suppliers with optional connection to settlement services
• IATA Clearing House (ICH): Fast debt collection - Protection against bad debt and bankruptcy
• Exchange Rates: Rates used by the industry for selling tickets & settling interline billings
• Cargo Account Settlement Systems (CASS): Settlement of cargo sales from agents and freight forwarders

e-invoicing

• SIS e-invoicing: e-invoicing for core suppliers and airlines with optional settlement services

Payment

• Enhancement and Financing (E&F): Increase in recovery rates - Reduction of administrative costs -  Improvement of financial reporting
• IATA Financial Gateway (IFG): Global payment enabler - optimizes sales payment processes irrespective of distribution networks, business models or payment methods