Credit card companies must offer fairness and flexibility to travel agents – Buttimer
6th May 2021 - Senator Jerry Buttimer
Credit card companies need to respect current licencing arrangements when demanding large cash deposits from travel agents adversely impacted by Covid-19, a Fine Gael Senator has said.
Following yesterday’s meeting of the Oireachtas Committee on Transport and Communications Network, Committee member Senator Jerry Buttimer said: “It is worrisome and disappointing to have heard from Irish Travel Agents Association (ITAA) representatives that some credit card companies are taking a very hard line and demanding substantial security cash deposits from travel agents.
“Covid-19 has had a profound impact on the travel industry, and fairness and flexibility must be prioritised to ensure that agents have the best possible chance of getting back on their feet over the coming months.