Abta is to replace its long-standing Single Payment Scheme (SPS) in the coming weeks with a system which allows more frequent payments.

The association’s new system is being developed by technology company Travel Ledger and will launch later this summer, replacing the legacy system which has existed for around 20 years.

The legacy direct debit system was switched off temporarily last March as it struggled to cope with the volume of refunds being issued due to the pandemic.

Founder Roberto De Ra said: “Having tested the Travel Ledger system successfully with a large focus group of Abta members, we’re delighted to offer the system across the entire Abta membership in the coming weeks and look forward to fruitful collaboration with them.”