TL Pay: smarter supplier settlement for the travel industry.
TL Pay is built for travel businesses operating across the UK, Ireland and selected European markets. From invoice and statement-based settlement to real-time account-to-account payments, buyers and suppliers get clearer visibility over what needs to be paid, settled and reconciled.
Payment IQ is a supporting tool that gives an indicative estimate of potential value — TL Pay settlement and reconciliation is the core product.
One connected settlement workflow.
Suppliers share billing data, buyers review what is due, funds are collected or allocated, and both sides get clear remittance for reconciliation — all in the Travel Ledger platform.
| Seller | Buyer ID | Booking ref | Pax | Collection | Status |
|---|---|---|---|---|---|
| Example Cruise Line | TB-0421 | BK-882145 | 2 | £4,285.00 | Awaiting review |
| Example Bedbank | TB-0421 | BK-882199 | 4 | £1,930.00 | Supplier payment matched |
| Example Airline | TB-0421 | BK-882207 | 1 | £612.50 | Payment accepted |
| Example Hotel Group | TB-0421 | BK-882231 | 2 | £980.00 | Settlement scheduled |
| Example DMC Partner | TB-0421 | BK-882258 | 6 | £3,140.00 | Exception identified |
- Supplier billing data
- Buyer review
- Payment funding
- Account-to-account settlement
- Remittance data
- Payment notifications
- Reconciliation
- Back-office integration
Two ways to settle supplier payments.
Deferred settlement for invoice and statement-based relationships, and Instant Pay for real-time account-to-account payment at checkout.
Invoice and statement-based payments.
Supplier data is uploaded, buyers review and accept what is due, TL Pay is funded, and settlement reaches suppliers with detailed remittance — instead of manual chasing and unclear payment status.
How buyers settle supplier paymentsReal-time payment at checkout.
In integrated supplier portals and booking engines, buyers select TL Pay at checkout. The TL Pay API checks and secures funds in real time, so the booking completes and the supplier receives funds with remittance linked to the booking reference.
Discuss Instant PayWhat TL Pay gives buyers and suppliers.
Buyers get payment obligations that are easier to review, manage and reconcile — with no TL Pay platform fee. Suppliers get structure around billing, collection and remittance.
Trade Buyers can use TL Pay to manage connected supplier settlement without paying a TL Pay platform fee. Trade Seller pricing and other products or services may be subject to separate commercial terms.
See what needs to be paid and accept, amend or query supplier data before settlement.
Fund TL Pay in line with your supplier payment obligations and cash flow.
Structured remittance covering booking references, balances and commission values where provided.
TL Pay helps Trade Buyers pay connected suppliers without managing separate bank details for every supplier, lowering exposure to supplier bank-detail fraud.
Share invoice or statement data with buyers in a standardised way.
Follow buyer review and settlement activity with clearer visibility.
Detailed remittance helps finance teams reconcile without back-and-forth.
Built for teams, not just one user.
Travel Ledger accounts can support multiple users with different access levels, helping finance, operations and management teams access the platform securely from wherever they work.
- Multiple users on one account
- Different access levels by role
- Suitable for finance, operations and management teams
- Supports remote and hybrid working
- Avoids reliance on one shared login
Value beyond the payment method.
The value of Travel Ledger is not only the payment method itself. Travel businesses can also benefit from clearer settlement data, reduced manual reconciliation, better payment visibility, fewer supplier payment queries and, where eligible, virtual card cashback opportunities.
Every business is different, so we look at the areas below alongside your current supplier payment methods rather than making blanket comparisons.
Check your payment opportunityStructured settlement and remittance data can reduce the time spent matching payments by hand.
See what is due, paid and outstanding without rebuilding the picture from emails and spreadsheets.
Follow payment status across connected suppliers in one place.
Payments arrive with the references and detail finance teams need to allocate them.
Where suppliers accept cards and terms allow, TL Pay Virtual Cards can unlock eligible cashback opportunities.
Set up multiple users with different access levels so finance, operations and management teams can work in Travel Ledger without relying on one shared login.
Supported by Adyen, backed by a UK-based team.
Travel Ledger works with Adyen to support integrated account, settlement and payment capabilities for business customers. This gives TL Pay a strong infrastructure foundation for supplier payments, settlement and future Travel Ledger payment services.
- Robust payment infrastructure
- Integrated account and settlement capability
- Card and payment services supported by regulated infrastructure partners
- Designed for business customers
Travel Ledger is not a bank. Travel Ledger and TL Pay Europe BV services are provided to business customers only, and certain account, card and electronic money services are provided by regulated third-party partners.
Read our Privacy & Legal NoticesResponsive support from people who understand travel payments.
Travel Ledger customers are supported by a UK-based team that understands supplier payments, settlement, reconciliation and payment queries. Most support queries are responded to within 24 hours.
Travel Ledger supports travel businesses across the UK, Ireland and selected European markets.
Common questions about TL Pay and settlement.
What is TL Pay?＋
TL Pay is Travel Ledger's payment and settlement capability, helping travel businesses manage funding, settlement, remittance and reconciliation through the Travel Ledger platform.
How does deferred settlement work?＋
Suppliers share invoice or statement data, buyers review what needs to be paid, funds are collected or allocated through TL Pay, and suppliers receive settlement with detailed remittance information.
What is Instant Pay?＋
Instant Pay allows buyers to select TL Pay at checkout in an integrated supplier portal or booking engine. Funds are checked and confirmed in real time so the booking can proceed.
Can TL Pay connect with other systems?＋
Where appropriate, Travel Ledger can support integrations and API connectivity to bring payment and settlement data closer to existing back-office or accounting workflows.
Do Trade Buyers pay to use TL Pay?＋
No. Trade Buyers do not pay a TL Pay platform fee to use TL Pay for connected supplier settlement. Other products, services or payment methods, including TL Virtual Cards or commercial arrangements, may be subject to separate commercial terms.
How does TL Pay help reduce supplier bank-detail fraud risk?＋
For connected suppliers, Trade Buyers can pay through TL Pay without manually entering, storing or updating supplier bank details for every supplier relationship. This reduces manual handling of bank details and helps lower exposure to payment redirection and supplier bank-detail fraud.
Can different team members access Travel Ledger?＋
Yes. Travel Ledger accounts can support multiple users with different access levels, helping finance, operations and management teams access the platform without relying on one shared login.
Which markets does Travel Ledger support?＋
Travel Ledger supports travel businesses across the UK, Ireland and selected European markets. Market-specific services, currencies and commercial terms may vary.
Ready to simplify travel settlement?
Whether you are paying suppliers, receiving payments from agents or reviewing reconciliation processes, our team can help you understand how TL Pay could support your business.
Talk to our team about supplier payments, settlement, reconciliation or payment opportunities.
Visit the Travel Ledger Help Centre for support articles and platform guidance.