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Pegasus signs deal with Net Trans to improve hotel commission processing
Pegasus Solutions and Net Trans have joined forces to enhance commission processing for travel agents.
The two are developing technology to deliver an end-to-end automated hotel commission process designed to increase the speed of reconciling payments and facilitate automated banking functions.
Net Trans currently serves more than 5,000 travel agent locations in more than 70 countries.
Pegasus will help improve Net Trans’ current reconciliation service by centralising payments and simplifying the process for agents.
In return, Net Trans, which provides commission processing to more than 40,000 properties, will boost the number of agencies it serves.
By Bev Fearis
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Bev
Editor in chief Bev Fearis has been a travel journalist for 25 years. She started her career at Travel Weekly, where she became deputy news editor, before joining Business Traveller as deputy editor and launching the magazine’s website. She has also written travel features, news and expert comment for the Guardian, Observer, Times, Telegraph, Boundless and other consumer titles and was named one of the top 50 UK travel journalists by the Press Gazette.
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