ABTA is encouraging its Members and Travel Industry Partners to sign up to the travel industry’s first, largest and best direct debit system, ABTA’s Single Payment Scheme [SPS] . Over 2,100 travel agents and 38 of the UK’s leading tour operators are already taking advantage of SPS’s efficient and cost effective service.

Over SPS’s 15 year history not one supplier has left the scheme voluntarily and with rates at £375+VAT to register and 18p per transaction it is easy to see why. Each week between £5 million to £12 million passes through the system free of charge to travel agent participants and removing credit control headaches for tour operators. The scheme is open exclusively to ABTA Members and Travel Industry Partners.

Mike Monk ABTA’s Head of Finance said “We are rightly proud of SPS, it has been a great success and much copied by other travel organisations. Over SPS’s history costs have steadily come down and the service made ever more efficient and many of the leading travel brands in travel use the scheme”

Participants in the SPS scheme include Carnival PLC, Classic Collection, Cosmos Holidays, Gold Medal Group, Goldtrail, Hayes and Jarvis, Qantas, WA Shearings, Thomas Cook, Travel 2 and Walt Disney Travel Company UK [For Walt Disney World Orlando only].