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ATOL

Small Business ATOL Now Available For PTS Members

March 27th 2018
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Protected Trust Services (PTS) is now offering a package that includes both PTS membership and small business ATOL, saving our members both money and time. This bespoke package is a perfect solution for small and medium-sized travel businesses, with our ATOL licences are available to all PTS members.

The Benefits Of Joint PTS Membership and Small Business ATOL

PTS offer a much more cost effective ATOL license than approaching the CAA directly. Application fees for PTS members start at just £758 for an ATOL that covers up to 1,000 flights, compared to the CAA direct cost of £1189 application fee for an ATOL which covers 500 flights. This offers a saving of £431 purely in application fees, for an ATOL that covers twice the volume of flights. What’s more, the ATOL annual renewal fee starts from just £526 for PTS members, compared with a minimum renewal fee of £735 for a small business ATOL when dealing directly with the CAA.

Your PTS membership will also include access to a PTS personal account manager, who will deal directly with the CAA on your behalf. This ensures a fast and smooth application, with no requirement for you to deal with the CAA directly. Your personal account manager will have an excellent knowledge of your company, so not only can they guide you through your ATOL application, they will fully understand your travel business and the finer details of your company. As such, they will have a solid understanding personal to you, allowing them to fully support your business, save you both time and money.

PTS membership also includes multi-currency trust account facilities, supplier failure insurance, and profit in advance can be released to members. Our trust account solution also mitigates risk to merchant services suppliers, allowing us to arrange merchant facility solutions on behalf of our members, despite travel falling into the high risk category. PTS hold strong partnerships with both First Data and Global Payments, allowing us to offer multi-currency solutions, MOTO and ECOMM.

PTS membership also includes access to our award-winning travel software. PTS members pay a licensing fee of £50 per month for complete access to our bespoke software solution. With decades of experience in the travel industry, our software was built by travel professionals, for travel professionals, and is designed to make running your business as simple and easy as possible. We would highly suggest you arrange for a demonstration so you can see the incredible benefits of the new PTS travel software solution.

The software offers a number of benefits, including complete automatic reconciliation and audit information for every booking, which allows you to reduce back office support and time. Additionally, the software offers flexibility, acting as a scaffold that allows your travel company to become bigger and more successful. As such, we allow you to trade as an independent, with the capacity to add and utilise your own preferred suppliers. However, for those without existing supplier relationships, or for those looking to expand their offerings, the software includes API links for more than 300,000 suppliers that you can use and book for your travel packages.

What’s more, the system offers complete Package Travel Regulation compliance out of the box, without the need for expensive bonding solutions.

The Managing Director of PTS, Daniel Landen, has always worked to ensure that there is an affordable solution that works for travel companies of any size. Daniel stated, “Whether you are a start-up or a large trading travel business, we have designed the PTS system and the entire PTS package to offer a Package Travel Regulation Compliance solution that is affordable. Most importantly the solution is driven by technology, and this is what allows any PTS member to save money, work more efficiently and grow from strength to strength. Now, our PTS and ATOL travel business solution allows any company looking to offer packages with flights, a competitive solution unlike any other available on the market.”

Daniel continued with, “PTS has been voted to be in the top five Travel Disrupt Companies by Travel Technology Europe this year and there is a good reason for this. PTS is the only solution offering a complete solution for travel businesses. Furthermore, PTS is affordable and allows every business to be independent and work with any supplier they choose. PTS members want to be independent, PTR compliant, cost and time efficient, and want to have the tools to grow and be the best they can be. This is exactly what we offer – a professional and affordable solution. If you are a ground-based travel firm then you can still take advantage of all PTS services, just without ATOL. The PTS solution is unlike anything on the market and I would always strongly advise a travel business to call us, have a chat with us and arrange for a demo. Our new PTS system was launched in February 2018, so if you haven’t seen it yet, please give us a call.”

For more information on our ATOL offering, please visit our ATOL licences page. Alternatively, you can contact our friendly team on 0207 190 9988, or via email to ask@protectedtrustservices.com. We look forward to hearing from you.