For example, the same railway ticket is valid from London Bridge to East Croydon on all services. The RSP provides a process to share the revenue between Network Rail (owners of London Bridge station) and the three train operating companies who run trains along this route (Southern, First Capital Connect and Southeastern).
The RSP also produces the National Rail Conditions of Carriage; the basic terms of the contract established when a customer purchases a ticket to travel.
The RSP is administrated by the not-for-profit company, Rail Settlement Plan Limited or RSPL. RSPL is jointly owned by the train operating companies in the UK, via the Association of Train Operating Companies.