Simpler settlement for travel businesses.
TL Pay helps travel businesses manage supplier payments, settlement, remittance and reconciliation through one specialist platform built for the travel industry. From invoice and statement-based settlement to real-time account-to-account payments, TL Pay gives buyers and suppliers clearer visibility over what needs to be paid, settled and reconciled.
Review bookings and settlement in one place.
Bookings, remittances, payment history and file uploads — the same view finance and operations teams use to keep supplier payments moving.
| Seller | Buyer ID | Booking ref | Pax | Collection | Status |
|---|---|---|---|---|---|
| Example Cruise Line | TB-0421 | BK-882145 | 2 | £4,285.00 | Awaiting review |
| Example Bedbank | TB-0421 | BK-882199 | 4 | £1,930.00 | Supplier payment matched |
| Example Airline | TB-0421 | BK-882207 | 1 | £612.50 | Payment accepted |
| Example Hotel Group | TB-0421 | BK-882231 | 2 | £980.00 | Settlement scheduled |
| Example DMC Partner | TB-0421 | BK-882258 | 6 | £3,140.00 | Exception identified |
The payment engine behind Travel Ledger.
Travel payments often involve more than a simple transfer. Suppliers need to share billing data, buyers need time to review what is due, funds need to be collected or allocated, and both sides need clear remittance information for reconciliation.
TL Pay brings those steps into one connected workflow.
TL Pay helps standardise supplier payment and remittance data so Trade Buyers and Trade Sellers can work from clearer records, including booking references, accepted balances, gross and net values, commission values where provided and settlement status.
For invoice and statement-based supplier payments.
Many travel payment relationships are based on invoices, statements, due dates and agreed settlement cycles. TL Pay supports this by connecting supplier billing data with buyer review, funding, payment transfer and remittance.
This helps reduce the need for manual chasing, disconnected spreadsheets and unclear payment status.
- Standardised data delivery
- Buyer review before payment
- Settlement notifications
- Detailed remittance
- Clearer reconciliation
- 1. Data upload
- 2. Buyer review period
- 3. Funding notification
- 4. Buyer funds TL Pay
- 5. Settlement
- 6. Supplier receives remittance
Real-time account-to-account payment at checkout.
For supplier portals and booking engines, Instant Pay allows buyers to select TL Pay at checkout. The supplier portal sends a payment request to the TL Pay API, funds are checked and secured, and the supplier receives confirmation so the booking can complete.
This supports real-time payment confidence without relying on manual bank transfers or card payment workflows.
- 1. Buyer funds TL Pay account
- 2. Buyer selects TL Pay at supplier checkout
- 3. Supplier portal sends payment request to TL Pay API
- 4. TL Pay checks available funds
- 5. Payment is confirmed
- 6. Supplier completes the booking
- 7. Booking reference is linked to the payment
- 8. Supplier receives funds into their TL Pay account
- 9. Buyer receives detailed remittance
No TL Pay platform fee for Trade Buyers.
Trade Buyers can use TL Pay to manage connected supplier settlement without paying a TL Pay platform fee. Trade Seller pricing and other products or services may be subject to separate commercial terms.
- No TL Pay platform fee for Trade Buyers
- Connected supplier settlement through TL Pay
- Structured remittance and reconciliation data
- Trade Seller pricing may apply separately
More control over supplier payments.
For travel businesses paying suppliers, TL Pay makes payment obligations easier to review, manage and reconcile. Buyers see what needs to be paid, review supplier data, manage funding and maintain clear visibility over settlement activity.
See what needs to be paid and accept, amend or query supplier data before settlement.
Fund TL Pay in line with your supplier payment obligations and cash flow.
Structured remittance covering booking references, balances and commission values where provided.
TL Pay helps Trade Buyers pay connected suppliers without managing separate bank details for every supplier. This reduces manual handling of payment details and helps lower exposure to supplier bank-detail fraud.
Clearer collections and remittance visibility.
For suppliers receiving payments from agents and travel businesses, TL Pay helps bring structure to billing, payment collection and remittance — reducing manual chasing and improving finance visibility.
Share invoice or statement data with buyers in a standardised way.
Follow buyer review and settlement activity with clearer visibility.
Detailed remittance helps finance teams reconcile without back-and-forth.
Common questions about TL Pay and settlement.
What is TL Pay?＋
TL Pay is Travel Ledger's payment and settlement capability, helping travel businesses manage funding, settlement, remittance and reconciliation through the Travel Ledger platform.
Who uses TL Pay?＋
TL Pay is used by travel businesses paying suppliers and by suppliers receiving payments from agents and other travel businesses.
How does deferred settlement work?＋
Suppliers share invoice or statement data, buyers review what needs to be paid, funds are collected or allocated through TL Pay, and suppliers receive settlement with detailed remittance information.
What is Instant Pay?＋
Instant Pay allows buyers to select TL Pay at checkout in an integrated supplier portal or booking engine. Funds are checked and confirmed in real time so the booking can proceed.
Does TL Pay help with reconciliation?＋
Yes. TL Pay supports reconciliation by improving the structure and visibility of payment, settlement and remittance data.
Can TL Pay connect with other systems?＋
Where appropriate, Travel Ledger can support integrations and API connectivity to bring payment and settlement data closer to existing back-office or accounting workflows.
Do Trade Buyers pay to use TL Pay?＋
No. Trade Buyers do not pay a TL Pay platform fee to use TL Pay for connected supplier settlement. Other products, services or payment methods may be subject to separate commercial terms.
Does this mean all Travel Ledger services are free for Trade Buyers?＋
No. The no-fee message relates to TL Pay platform use for Trade Buyers. Other products, services or payment methods, including TL Virtual Cards or commercial arrangements, may be subject to separate terms.
How does TL Pay help reduce supplier bank-detail fraud risk?＋
For connected suppliers, Trade Buyers can pay through TL Pay without manually entering, storing or updating supplier bank details for every supplier relationship. This reduces manual handling of bank details and helps lower exposure to payment redirection and supplier bank-detail fraud.
Ready to simplify travel settlement?
Whether you are paying suppliers, receiving payments from agents or reviewing reconciliation processes, our team can help you understand how TL Pay could support your business.
Talk to our team about supplier payments, settlement, reconciliation or payment opportunities.
Visit the Travel Ledger Help Centre for support articles and platform guidance.