Youtravel.com ends processing facilities with E-Clear

Youtravel.com is ending its card processing agreement with E-Clear to move its payment facilities to Barclays before the end of the month.

Youtravel.com is ending its card processing agreement with E-Clear to move its payment facilities to Barclays before the end of the month.

The accommodation-only provider was a client of E-Clear, the firm accused of withholding money from failed Scottish airline and operator Globespan.

Youtravel.com group managing director Graham Nichols confirmed the move would be made “as soon as possible.”

E-Clear began delaying payments to youtravel.com last February and ceased making payments in December.

Youtravel.com founder John Kent told travelweekly.co.uk  the current debt with E-Clear stands at £150,000 and at one point last summer it was £250,000

Nichols added: “We would like it [the £150,000] back but it is not going to have a significant impact on our business, which has a turnover of £110 million.”

For more on E-clear go to travelweekly.co.uk/eclear