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The Australian Federation of Travel Agents (AFTA) has partnered with Tramada to help travel agents manage the risk associated with credit card payments.

The move follows the launch last month of the AFTA Insolvency Chargeback Scheme (AICS) and aims to make it easier for travel agents to apply for the scheme.

Tramada has designed a real-time report for clients to determine current and future creditor insolvency risks. Called the tramada AICS report, it identifies key elements such as creditor, client, travel dates and amounts already paid to a creditor.

The report is available now in the standard reporting suite for all Tramada clients at no additional cost.

Tramada says the report was designed with AFTA requirements in mind so that agents were not left “holding the bag” when it came to identifying volumes paid to and trips outstanding with various creditors.

“While we’ve made the report available to all Tramada agents, AFTA AICS members will be advised which suppliers are at risk, so those agents can quickly check their tramada AICS report to assess potential damages and redirect clients proactively,” said Susan Enners, Tramada country manager, Australia and New Zealand.

AFTA chief executive Jayson Westbury said the new product was a terrific benefit for travel agents.

“AICS brings great benefits to ATAS travel agents who choose to participate and with this new tramada AICS report, things just got even easier,” Westbury said.

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