New for release 21.3

Owned by Vanni Sanvincenti
Last updated: Jul 12, 2023 by Jakub Bielecki (Deactivated)

Clearance information is communicated between the retailing partners of an order using three data structures:

  • Clearance Criteria – while seeking an offer for services, it is used to communicate preference for using the SwO Standard for clearance reporting with or without a specific remittance date.

  • Clearance Methods – when using the SwO Standard for clearance reporting these are the clearance options with their supporting information given in the offer by the supplier of services.

  • Clearance Data – is an agreed upon set of data that delivers all that is necessary for a clearance of funds to take place when using the SwO Standard for clearance reporting. It can be digitally signed to provide irrefutable prove of what has been agreed with respect to the clearance of funds when using the SwO Standard and Process.

In order to be transparent to all relevant parties of the order, optional information about the clearing of funds is available as part of the payment data, whenever the payment requires clearance of funds between the retailing partners of the transaction using the SwO Standard and Process. Thus providing certainty and clarity about what has been agreed with regards to the clearance of funds and delivering irrefutable proof to the “Clearance Manager” about what has to be done to clear the funds of the clearance.

Moreover, the SwO process flow for clearance of funds where the payment method is EasyPay has been adjusted to be the same as the process for clearance of funds where the payment method is Settlement Plan. This means that:

  • ClearanceNoif is sent to the seller/retailer for the Clearances accepted by the Clearance Manager, after validating the data in the ClearanceRQ message sent by the airline. 

  • Remittance and Settlement dates are assigned to Clearances with payment method EasyPay using the data from the Clearance Schedule.

  • Clearances with payment method EasyPay are included in the ClearingNotif to Remittance Payer where the Clearing Date is the same as the date when the funds have been paid by the EasyPay vendor to the operational account of the Clearance Manager. However, the “Net Clearance Amount” of such Clearances is not added to the “Total Amount” of the ClearingNotif.

In summary with release 21.3 of the SwO Standard and Process:

  • Clearance preferences, including preference for remittance date can be communicated during shopping

  • Clearance options, including incentives by the supplier to support choices that are in line with its payment policy, can be communicated with the offers

  • Clearance Data can be agreed upon and digitally signed at the time of payment commitment

  • One clearance processes is used for payment methods EasyPay and Settlement Plan

  • When retrieving data from the Clearance Manager the Clearing Identifier is included with the rest of the data provided per Clearance.

  • Payment Brand Code is used to identify the type of payment method used for the Clearance. As before there are two payment method supported – Settlement Plan and EasyPay.