Tag Archives: autopay

iCoupon, the leading digital vouchering platform in airports worldwide, is continuing to revolutionise the world of digital vouchering with its new service, iCoupon AutoPay. The iCoupon system already organises all airline vouchers by flight, date, airport and creates draft invoices automatically, and now the retailer will no longer have to spend time sending the auto-generated bill to each individual airline and chase for payment. Instead, iCoupon’s billing system, for those who select the service, will automatically submit the invoices directly to iCoupon, which will pay the bills directly to the retailers on payment dates and terms selected by the retailer. Airlines will only have one bill to pay to iCoupon for their consolidated AutoPay retailer bills, yet still have full visibility of every passenger transaction for audit, EU261 and validation purposes. In addition, the entire billing process takes place automatically in the iCoupon billing engine, meaning that retailers and airlines do not need to make any changes manually and everything carries on as normal from their perspective. By automatically generating billing documents at the end of each month, iCoupon AutoPay will eliminate the time retailers and airlines are putting into billing administration. The billing documents will be fully compliant with local legislation of each country, and with VAT compliance such as EU112 directives. After generating the document, iCoupon will automatically pay the retailer on its selected credit terms. Retailers using iCoupon AutoPay can select which package best suits their needs and will be paid depending on that choice. New and existing retailers and airlines will be able to opt-in to the solution and iCoupon will do the rest, with just the flick-of-a-switch. Non-iCoupon AutoPay clients will be able to continue …

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