New IATA System Modernizes Airline Payment Settlements

New IATA System Modernizes Airline Payment Settlements

IATA is upgrading BSPlink to a "Next Generation BSPlink," enhancing the efficiency, security, and user experience of airline settlement, and supporting the future development of the aviation industry. This upgrade aims to streamline processes, improve data management, and provide a more modern and user-friendly platform for airlines and travel agents. The new BSPlink will offer enhanced functionalities and improved performance, ultimately contributing to a more efficient and secure global airline settlement system.

01/26/2026 Logistics Industry Insights
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Paypal Business Accounts Boost Global Ecommerce Sales

Paypal Business Accounts Boost Global Ecommerce Sales

This article details the necessity, registration process, precautions, and account nurturing techniques for independent website sellers to register a PayPal business account. By registering a business account, sellers can enhance user trust, enable instant payments, and meet mandatory requirements of some platforms, thereby expanding overseas markets and improving payment efficiency. It covers the benefits of a business account over a personal account for credibility and scalability. The guide aims to equip sellers with the knowledge to navigate the PayPal registration process successfully and optimize their account for long-term use.

01/04/2026 International Settlement
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Freight Payment Risks Rise as Shipping Competition Intensifies

Freight Payment Risks Rise as Shipping Competition Intensifies

As the number of carriers increases, competition in the domestic transport market intensifies. To ensure timely collection of freight and reduce risks, carriers must carefully draft contracts that specify prepaid freight terms and identify the true payer. Furthermore, shortening freight payment periods and signing agreements with reputable charterers are essential measures to protect interests.

07/28/2025 Logistics
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