020 7190 9988
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If you are an existing travel business looking to migrate away from your current consortium, you could be all moved over to PTS in less than a week. While many things in the travel industry take time, getting high quality, flexible support at a price you can afford isn’t one of those things. PTS is here to help you get things done, not make you wait for things to come to you!
We offer a more affordable solution than our competitors, with better pricing and rates, a more flexible system, and industry leading software. All this amounts to increased profits and a lot of time saved! If this sounds good to you, read on to find out more about how we can help you.
PTS offers a trust account solution not just to meet the Package Travel Regulations, but to uplift your business and your clients. We also offer merchant services without the astronomical prices (after all, space travel isn’t even in your repertoire yet!). PTS is also an ATOL franchise, and therefore, once you are a PTS member, you can apply for an ATOL for as little as £942 without a need for bonding or additional insurance. The PTS trust account solution is fully compliant with The Package Travel and Linked Travel Arrangements Regulations 2018, allowing you to either operate as a travel agent or a tour operator simultaneously.
Ultimately, because PTS centres around our sturdy trust model, a myriad of vital tools for your business come at much lower prices without sacrificing on what your business needs to thrive. This means that once you migrate to PTS for your business, not only could you see a rise in profits, but lower costs to gain those profits, so you can do what you love without making unnecessary changes for the sake of necessary equipment.
In essence the PTS solution operates on a cost per transaction and not on a percentage of your profit, therefore allowing you to retain 100% of the profit made on each booking whilst only paying for the transaction charges/admin that you require. You are able to release the profit from the trust account to your company once all suppliers have been paid, even if this is prior to the consumer starting their booking or trip.
Included in membership when you are migrating to PTS is a complete travel and tour operator system allowing members to manage funds in trust, manage new enquiries, manage and book suppliers (either through live API feeds or your own database of suppliers). The PTS system also includes an online client itinerary for your clients to securely log into and monitor payments made into trust and attendee details on their bookings.
The merchant services (the ability to take debit and credit card payments from your clients either over the telephone or via a payment page on your website deposited directly into your trust account) that PTS offers are in your company name meaning you have a direct relationship with the merchant provider. All card payments are deposited in full within 1-3 working days into the trust accounts. PTS also offer multiple currency trust accounts and merchant services allowing you to take card payments in other currencies and retain these payments in those currencies without the mess of exchange rates to battle with (Euro, USD, CAD, CHF etc).
PTS also operates with independent trustees. This means that PTS are purely the administrators of the account on the behalf of you, the PTS member. The independent trustees, without a stake in your business or profits, are then able to securely ensure that all payments going in and out of your account are not only safe and properly organised, but efficient. All of this is for your confidence, and the confidence of the consumer when placing a booking with you, knowing that they are both 100% financially protected.
If you’d like to discuss migrating to PTS further, please get in contact with one of Protected Trust Services’ (PTS) lovely staff members by calling 0207 190 9988. Or, you can visit our member support and travel trust account pages to learn more about how we protect you.
