Rail Settlement Plan
Rail Settlement Plan (RSP) is a company owned by the franchised passenger rail operators. It provides a range of common, largely IT based services to those operators including open access operators and third party providers of information and retail services.
The company was established on the privatisation of British Railways to enable the new rail operators to continue to provide a network wide retail service - something that passengers were familiar with prior to privatisation. Since then, the company has increased the range of services it provides to rail operators and others. The company now:
|Collects retail sales data from 8,500 ticket issuing systems|
|Carries out the correct allocation of ticket revenue to rail operators|
|Settles that revenue to the rail operators|
|Sets standards for and accredits all industry ticket issuing systems|
|Maintains the central industry fares database and provides tools for rail operators to set fares|
|Distributes fares, timetable, station and other industry data to ticket issuing and information systems|
|Provides the National Reservations Service enabling retailers to book reservations on all trains with reservable seats|
|Provides the capability to pick up pre-ordered tickets at self service ticket machines (Ticket on Departure)|
|Provides the industry standard ticket stock|
RSP is a division of the Association of Train Operating Companies (ATOC).