UATP

ConnexPay Joins UATP Network, Adds ConnexPay UATP Card to Payments Capabilities

Retrieved on: 
Tuesday, February 20, 2024
Professional Services, Payments, Data Management, Technology, Finance, Fintech, B2B, UATP, Travel, Partnership

As part of ConnexPay Exclusives, a category of payment capabilities designed to increase supplier acceptance and boost profitability, ConnexPay has launched the ConnexPay UATP card — a virtual card that ConnexPay clients can use to pay travel suppliers, such as airlines and rail carriers, who are members of the UATP network.

Key Points: 
  • As part of ConnexPay Exclusives, a category of payment capabilities designed to increase supplier acceptance and boost profitability, ConnexPay has launched the ConnexPay UATP card — a virtual card that ConnexPay clients can use to pay travel suppliers, such as airlines and rail carriers, who are members of the UATP network.
  • “The travel industry is highly complex and rapidly changing, and we recognized the need to work with a partner like UATP, which deeply understands travel payments like we do,” said Bob Kaufman, Founder and CEO, ConnexPay.
  • The ConnexPay/UATP partnership will focus on travel supplier payments, with an emphasis on driving increased supplier acceptance while lowering the overall cost of payments.
  • UATP President and CEO Ralph Kaiser commented, “ConnexPay is a technology leader in the B2B payments space.

UATP Receives Patent Approval for Innovative New Payment Technology

Retrieved on: 
Thursday, February 15, 2024
AFP, BSP, UATP, Patent, Organization, United States patent law, AFPS, Travel, Online shopping

WASHINGTON, Feb. 15, 2024 /PRNewswire/ -- UATP, the global payment network that enables organizations to simplify payment processes to expand their payment capabilities, has received approval from the US Patent and Trademark Office for patented Enhanced Intermediate Server technology that will improve the speed, efficiency and control of processing transactions for merchants utilizing the UATP One platform. This is the second patent UATP has received for its payment technology since 2021, reflecting its commitment to innovation and exploring new ways to add value for its clients.

Key Points: 
  • The second patent awarded to UATP since 2021 covers technology that speeds and streamlines transactions between acquirers and the UATP One platform.
  • WASHINGTON, Feb. 15, 2024 /PRNewswire/ -- UATP , the global payment network that enables organizations to simplify payment processes to expand their payment capabilities, has received approval from the US Patent and Trademark Office for patented Enhanced Intermediate Server technology that will improve the speed, efficiency and control of processing transactions for merchants utilizing the UATP One platform.
  • This is the second patent UATP has received for its payment technology since 2021, reflecting its commitment to innovation and exploring new ways to add value for its clients.
  • The patent for the parsing engine is the second patent awarded to UATP since 2021, when its Alternative Forms of Payment (AFP) processing solution, Ceptor, was granted patent protection.

Euroairlines selects Nuvei to accelerate its revenue and boost growth

Retrieved on: 
Thursday, January 18, 2024
American Express, ARC, Partnership, Airline, Universal Air Travel Plan, Mastercard, TSX, BSP, Billing, Settlement Plan, Airlines Reporting Corporation, UATP, Nuvei, Visa

MONTREAL, Jan. 18, 2024 /PRNewswire/ -- Nuvei Corporation ("Nuvei" or the "Company") (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, announces today its partnership with Euroairlines, a Spanish-based aviation operator known for its comprehensive passenger and freight services. This collaboration marks a pivotal step in Euroairlines' strategy to grow its business and enhance payment processing in its main markets across the US, Europe, and Latin America, and further signifies Nuvei's continued momentum as the partner of choice with global airline customers.

Key Points: 
  • In 20 years, Euroairlines has performed more than 2,000 flights to more than 200 destinations carrying more than 3,000 passengers.
  • Euroairlines provides both cargo and passenger commercial and distribution services in Europe and northern Africa through a robust and low-cost solution.
  • Nuvei is supporting Euroairlines in launching its newly developed online B2B2C portal, which enables the airline to process direct traffic for the first time.
  • Euroairlines CEO, Antonio Lopez-Lazaro commented on the agreement: "Partnering with Nuvei aligns perfectly with our growth plans.

UATP INVITES TRAVEL INDUSTRY EXECUTIVES TO AIRLINE DISTRIBUTION® 2024

Retrieved on: 
Tuesday, December 12, 2023
UATP, Travel, CMO, Airline, Tourism

WASHINGTON and VIENNA, Dec. 12, 2023 /PRNewswire/ -- UATP invites global airlines and industry executives to attend Airline Distribution 2024.  The event will be held at the Palais Hansen Vienna, 12-14 March 2024 in Vienna, Austria. 

Key Points: 
  • WASHINGTON and VIENNA, Dec. 12, 2023 /PRNewswire/ -- UATP invites global airlines and industry executives to attend Airline Distribution 2024.
  • Airline Distribution brings together a variety of industry leaders from around the world to discuss significant distribution issues in a neutral forum.
  • "Airline Distribution is a must-attend event to learn from the experts who work daily to solve the complex distribution issues facing the industry today," said Wendy Ward, CMO, UATP.
  • To learn more about Airline Distribution 2024 and to register, please visit: https://uatp.com/airline-distribution/
    If you are interested in sponsoring or speaking at Airline Distribution 2024, contact [email protected] .

SAVE THE DATE - UATP'S AIRLINE DISTRIBUTION® 2024!

Retrieved on: 
Tuesday, October 24, 2023
UATP, Airline, Travel, Tourism

WASHINGTON, Oct. 24, 2023 /PRNewswire/ -- UATP welcomes global airlines and travel industry leaders to attend Airline Distribution® 2024.  Airline Distribution® 2024 will take place 12-14 March at the Palais Hansen in Vienna.

Key Points: 
  • WASHINGTON, Oct. 24, 2023 /PRNewswire/ -- UATP welcomes global airlines and travel industry leaders to attend Airline Distribution® 2024.
  • Airline Distribution® 2024 will take place 12-14 March at the Palais Hansen in Vienna.
  • Airline Distribution® will focus on the many facets of airline distribution, with speaker panels of airline and industry leaders discussing outlook and trends in business travel, airline executive interviews, evolution of payments, advancements of technology impacting travel and much more.
  • To learn more about Airline Distribution® 2024, please visit: https://uatp.com/airline-distribution/
    If you are interested in sponsoring or speaking at Airline Distribution® 2024, please contact [email protected] .

Vistara Becomes a UATP Merchant to Expand Selling Ability and Fuel Growth

Retrieved on: 
Wednesday, September 13, 2023
AFPS, Partnership, Travel, Tata Group, Airport, CMO, Singapore Airlines, Growth, Ecosystem, Air India, Airline, Online shopping, UATP

LONDON and WASHINGTON, Sept. 13, 2023 /PRNewswire/ -- Vistara, India's finest full-service carrier and a joint venture of the Tata Group and Singapore Airlines, has become a UATP Merchant. This allows Vistara to accept payments across all channels.

Key Points: 
  • Vistara will enjoy lower payment acceptance costs, helping it reduce its overall cost of distribution for the airline.
  • Vistara chose the UATP network due to its ability to reduce complexity while maximizing revenue potential.
  • Participating as a merchant, the UATP network enables airlines to accept UATP payments in a variety of sales channels across multiple countries and currencies.
  • For more information about the UATP and Vistara partnership or to speak with company executives, please contact Wendy Ward, CMO, at [email protected] .

Vistara Becomes a UATP Merchant to Expand Selling Ability and Fuel Growth

Retrieved on: 
Wednesday, September 13, 2023
AFPS, Partnership, Travel, Tata Group, Airport, CMO, Singapore Airlines, Growth, Ecosystem, Air India, Airline, Online shopping, UATP

LONDON and WASHINGTON, Sept. 13, 2023 /PRNewswire/ -- Vistara, India's finest full-service carrier and a joint venture of the Tata Group and Singapore Airlines, has become a UATP Merchant. This allows Vistara to accept payments across all channels.

Key Points: 
  • Vistara will enjoy lower payment acceptance costs, helping it reduce its overall cost of distribution for the airline.
  • Vistara chose the UATP network due to its ability to reduce complexity while maximizing revenue potential.
  • Participating as a merchant, the UATP network enables airlines to accept UATP payments in a variety of sales channels across multiple countries and currencies.
  • For more information about the UATP and Vistara partnership or to speak with company executives, please contact Wendy Ward, CMO, at [email protected] .

UATP Global Payments Network Launches Refreshed Brand to Reflect Expanded Holistic Payments Solution

Retrieved on: 
Monday, August 14, 2023
Organization, Travel, Fraud, UATP, Cryptocurrency

WASHINGTON, Aug. 14, 2023 /PRNewswire/ -- UATP is proud to announce today the strategic rollout of its new global payments network brand built to serve the evolving needs of customers in complex industries around the world.

Key Points: 
  • As one of the largest and most secure closed-loop global payments networks, UATP network rails were built to maximize benefits for Network Members.
  • "We're uniquely positioned to expand the UATP Network reach to provide flexible, reliable payments solutions."
  • "Our refreshed brand reflects the evolved vision of our team of payments experts committed to helping businesses simplify payments acceptance and replace manual, unreliable, fraud and error-prone payment processes."
  • For more information about UATP and its payment network or to speak with a UATP company executive, please contact Wendy Ward, Chief Marketing Officer, at [email protected] .

UATP Data Indicates Travel Industry Recovering Faster than Initial Projections

Retrieved on: 
Tuesday, June 6, 2023
IATA, PayPal, Overalls, AFP, Growth, AFPS, Travel, UATP, News, Tourism, Online shopping, Airline

WASHINGTON, June 6, 2023 /PRNewswire/ -- New internal data from global payment network UATP indicates that business travel is well on its way to a full recovery, defying some predictions that it would take until at least 2024 for a complete comeback. Leisure travel has also regained its full strength, showcasing a robust resurgence in the sector.

Key Points: 
  • "UATP has reached 95% of 2019 volume levels for corporate travel in 2023, while leisure travel, as indicated by our AFP volume levels, shows growth well over 100% within the same period," says UATP President and CEO Ralph Kaiser.
  • As a leading provider of payment solutions for corporate travel, UATP holds a unique advantage in collecting and analyzing this data effectively.
  • With UATP's widespread acceptance across the globe, its data serves as a reliable indicator of overall air travel volume and demand.
  • For more information about UATP and its payment network or to speak with a UATP company executive, please contact Wendy Ward, Chief Marketing Officer, at [email protected] .

Flocash Joins UATP Payment Network, Expanding Payment Options to Travel Agencies in the MEA Region

Retrieved on: 
Tuesday, May 23, 2023
Partnership, Ecosystem, Travel, MEA, Collection, B2B, Airline, Online shopping, UATP

WASHINGTON, May 23, 2023 /PRNewswire/ -- Flocash, the leading provider of travel payments and distribution in the Middle East and Africa, has partnered with UATP, a premier global payment network. Flocash's partnership with UATP will enable the thousands of travel agencies within its ecosystem to utilize UATP payment options, creating synergies with airlines in the region already using Flocash and UATP for B2B payments and reducing the overall cost of payments for those airlines.

Key Points: 
  • Flocash's partnership with UATP will enable the thousands of travel agencies within its ecosystem to utilize UATP payment options, creating synergies with airlines in the region already using Flocash and UATP for B2B payments and reducing the overall cost of payments for those airlines.
  • The expanded partnership with Flocash represents the next step in UATP's continued global growth, specifically in the MEA region.
  • The company currently supports the most extensive collection of local payment options in the MEA region, including 200+ payment options, 5,000+ bank branches, 20,000+ cash points and 30+ currencies.
  • For more information about the UATP and Flocash partnership or to speak with company executives, please contact Wendy Ward, UATP CMO, at [email protected] .