Glossary
Negotiated fare
A fare under a private contract — consolidator, corporate, series — with eligibility, commission and display restrictions. Not visible to the general market.
Negotiated fares must be labelled and restricted to eligible agencies or travellers. Pricing rules in a B2B platform apply markups or commissions and ensure invoices and statements reflect the correct net and tax treatment.
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Supplier extranet
Nexus
Negotiated airline fares and contracted hotel, transfer and activity rates, loaded without developers.
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B2B booking platform Nucleus
Agency and sub-agent distribution with markup rules, credit and wallets.
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Finance & accounting Vector
Mid-office accounting, BSP reconciliation, GST and VAT.
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