CATS
Seamless Settlement of Credit Card Payments.
CATS - short for Credit Card Auto Transfer - is an airline system for automatic transfer of payment with credit cards. The system reports credit card sales information to credit card companies on a daily basis.
Functionality
- Transfers Credit Card Sales information automatically to the Commercial Credit Card companies listed below:
- EC/VI/CA to Euroline in Sweden
- EC/VI/CA to PBS in Denmark
- EC/CA/VI to Eurocard/Mastercard in Norway
- AX to American Express in Sweden
- DC to Diners Club in Sweden
- Sales and refunds for automatically and manually issued documents are always reported in local currency to the Credit Card Companies
- The Sales information transfer include the below listed elements. The elements can be specified per Credit Card Company per Country and some of the elements are optional
- Optional elements:- - Passenger name
- Routing
- Mandatory elements:- - Ticket number
- Sales Office
- Card Number
- Expiration date
- Amount incl. currency
- Approval code - The data is submitted on a daily basis to Credit Card Companies. Sales data is sent on the second night after the day of sales
- The Credit Card Invoicing data is compiled by the SKTS CATS with certain Airlines’ Merchant Agreement and invoicing number
- The Ticketing Airline will receive a copy of the Credit Card Invoice, stating invoice amount per Credit Card Company and Invoice number
- The airline will receive each transaction reflected in the invoice for reconciliation with the HOT (Hand Of Tape) - The tape the airline receives from BSP
- Daily automatic transfers to Credit Card Companies
- The quality of the data in the system reduces errors and workload
- No Credit Card Charge Forms to be sent
- Possibility to negotiate better agreements with Credit Card Companies
- Faster processing and settlement
- Fewer enquiries and charge backs