Fast reliable payments for travel teams
Give your users instant confirmation at checkout and keep finance fully in control. Transakt supports UPI at checkout which is the most used digital payment method in India so you capture more bookings without friction. We handle air rail and hotel use cases from IATA BSP style reconciliation for agencies to clean split settlements for partners. You also get clear refund and chargeback flows with the right evidence so disputes stay low.
- Instant confirmation with live status and alerts
- Split settlements to airlines hotels and other partners
- Partial payments add ons and vouchers supported
- Smart retries and webhooks for fails and pendings
- IATA BSP and bank statement reconciliation
- Fast refunds plus dispute and chargeback handling
Transakt
How Transakt helps travel teams move faster
Live payment status on every booking
Give customers instant confirmation at checkout and let your team see the same live status in the dashboard. Use UPI at checkout to lift conversion and keep payment friction low. Every transaction carries a clear reference so support can trace it end to end without back and forth.
We also cover the travel basics behind the scenes. Reconcile agency sales through IATA BSP, route split settlements to airlines hotels and partners, and keep card flows aligned with PCI DSS. When disputes happen we help you respond fast with the right evidence. Finance gets clean exports so books close on time..
Your go to team for travel payment launches
Work with people who build travel payments every day. We set up your banks and providers, switch on sensible limits and maker checker, and tune routing so collections refunds and partner payouts clear fast. We handle agency reconciliation through IATA BSP so airline sales and remittances line up without manual work, and we support split settlements to airlines hotels and other partners.
what you get
What you get with Travel Booking
A complete payment layer built for travel. You get instant confirmation at checkout with UPI scale in India, clean partner splits, and agency reconciliation through IATA BSP.
Partner setup and onboarding
Set up airlines hotels and agency partners in a clean workflow that your ops team can run without tickets. Add profiles and payout details from the dashboard or through APIs. Use penny checks or VPA name checks before the first rupee moves so payments land with the right party. Role based access and maker checker keep approvals clear while audit trails show who did what and when. For card flows we align with the PCI Data Security Standard so card data stays protected from the first day. Your team gets live status and alerts as things progress.
Booking flows and payment options
Give customers familiar ways to pay so more bookings convert on the first try. Offer UPI at checkout along with cards and net banking. UPI usage in India is massive which means fewer drop offs and faster confirmation for your users. Every charge carries a readable reference and live status so support can see what happened without chasing screenshots. Use smart retries and webhooks to handle pendings and timeouts and keep the buyer informed with clear messages. Exports from the dashboard match each booking and fare component.
Settlement and reconciliation
Close your books without drama. Match collections and refunds to orders and to bank statements in one place. For agencies we support IATA BSP style processes so reported sales remittances and commissions line up on the same schedule the industry expects. You can upload BSP files or pull data by API and let the system tag each movement to the right airline and branch. Finance gets daily summaries aging views and clean downloads so month end is faster and audit questions are easy to answer.
Disputes refunds and support
Travel sees more disputes than many other sectors because plans change and journeys get disrupted. Transakt helps you stay ahead with fast refunds clear reason codes and evidence packs that include payment data itinerary items and logs. Your team gets alerts when a charge is challenged so they can respond within card network time limits. This is important as friendly fraud and chargebacks are rising across online commerce and travel. Strong workflows reduce write offs and keep partners paid on time.
THE PROOF IS IN THE NUMBERS
Why Transakt for Travel changes the game
83%
Share of India’s digital payments now riding on UPI. Your travel checkout should meet users where they already pay.
14 billion +
UPI handled over fourteen billion transactions in a single month in 2024 which shows the reliability and headroom you need for peak booking spikes.
688 banks
Broad banking coverage so travelers can pay from the bank they already use.
FAQ
FAQs about Connected Banking
Quick answers to common questions about setup security and day to day use.
Use IATA’s Billing and Settlement Plan. It standardizes how accredited agents report sales and remit funds to BSP airlines on a set schedule. It also gives finance a single workflow for reporting and settlement. If you already use BSP, we map to the same process so your books stay in sync.
Yes. If you touch card data in any way you must follow PCI DSS. It is the global standard for keeping card data safe and it is run by the PCI Security Standards Council. We design flows that keep sensitive data out of your systems as much as possible and align with PCI DSS requirements.
UPI is India’s real time payment system for bank to bank transfers and merchant payments. It is widely used and gives instant confirmation which helps conversion during booking. NPCI provides the official overview and product stats that show scale and growth.
Refund rules come from the regulator and the airline. India’s aviation regulator publishes guidance on what a refund should include and issues circulars that cover events like mass cancellations. We follow these rules and return status updates to your team and your customer.
