Travel Ledger’s TL Pay, powered by Nium, Welcomes ABTA Suppliers and expands Settlement Capabilities to Non-ABTA Members
Jun 17, 2024Travel Ledger successfully migrates more than 1500 ABTA member IDs, to its new TL Pay platform, powered by Nium. This upgrade not only reduces settlement times by a week with same-day payment facilities but also allows travel companies to settle with any company on Travel Ledger, enhancing flexibility and efficiency. The new platform improves cash flow, processing visibility, and reduces risk, marking a significant advancement in B2B payments for the travel industry. Read the full press release for more details on this transformative development.
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UK Weekly Market Report - Week 20 - 15 May Settlement
May 16, 2024Week 20 - 15 May settlement - Another positive week, although the increase compared to last year was not as marked as last week's. Transactions were up +14% compared to the same week last year, but -17% down on the previous week). Check out the post for more commentary
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UK Weekly Market Report - Week 19 - 8 May Settlement
May 09, 2024Week 19 - 8 May settlement - slightly unexpected bumper week last week, coinciding with April pay date. Transactions increased +30% compared to the same week last year and +14% on the previous week. Average value per transaction dropped by 14% due to the high percentage of deposits on new bookings. Is this the effect of a Lates market starting early, or is it down to the sudden appearance of "special offers"?
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UK Weekly Market Report - Week 18 - 1 May Settlement
May 01, 2024Week 18 - 1 May settlement - Another quiet week as forecasted, with activity slowing down slightly compared to previous weeks, with transactions and total value collected increasing by 2% and 3% on 2023 respectively. We expect next week to also be quiet, waiting for the "Lates" market to start after the May bank holiday weekend, supported by the end of April pay day.
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UK Weekly/YTD Market Report - Week 14 and March closing numbers
Apr 04, 2024Week 14 - 03 April settlement - very flat week leading up to Easter but we include March figures showing a healthy 21% YTD increase in transactions compared to last year, confirming the same exact increase we reported at the end of February,
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Travel Ledger Announces the Launch of "Weekly UK Market Report"
Jan 11, 2024Travel Ledger is excited to announce the launch of its "Travel Ledger – Weekly UK Market Report." This initiative marks a significant step forward in providing timely, detailed insights into market trends for B2B sales settled via Travel Ledger by its UK participants.
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Travel Ledger celebrates back-to-back victories at Travolution Awards 2023
Nov 21, 2023In an exhilarating repeat of last year’s success, Travel Ledger once again stands tall at the Travolution Awards, clinching two prestigious titles. We are overjoyed that we've been awarded 'Best Small Technology Supplier' and the 'Mastercard - B2B Payment Award'.
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Travel Ledger expands in the Irish Market
Nov 01, 2023Travel Ledger Expands Operations in the Irish Market Through Strategic Partnerships
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