OTC-PINK:JAPSY

UATP Receives Patent Approval for Innovative New Payment Technology

Retrieved on: 
Thursday, February 15, 2024

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.

UATP INVITES TRAVEL INDUSTRY EXECUTIVES TO AIRLINE DISTRIBUTION® 2024

Retrieved on: 
Tuesday, December 12, 2023

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] .

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

Retrieved on: 
Wednesday, September 13, 2023

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

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] .

WestJet Connects to UATP One Merchant Services for Payment Processing

Retrieved on: 
Wednesday, December 14, 2022

WASHINGTON, Dec. 14, 2022 /PRNewswire/ --Global payment network UATP has announced that a portion of WestJet's payment processing is now being serviced through UATP One Merchant Services.

Key Points: 
  • WASHINGTON, Dec. 14, 2022 /PRNewswire/ --Global payment network UATP has announced that a portion of WestJet's payment processing is now being serviced through UATP One Merchant Services.
  • WestJet, an existing UATP Issuer, added UATP One to its product base, utilizing the partnership for acquiring capabilities and enhanced payment processing.
  • UATP One provides a wide range of payment solutions and customized reporting capabilities, as well as an indirect credit card processing solution that connects airlines to all 152 billing and settlement plans (BSP).
  • UATP connects airlines to Alternative Forms of Payment which can expand reach and generate incremental sales globally.

SAVE THE DATE - UATP'S AIRLINE DISTRIBUTION® 2023!

Retrieved on: 
Tuesday, November 15, 2022

WASHINGTON, Nov. 15, 2022 /PRNewswire/ -- UATP welcomes global airlines and travel industry leaders to attend Airline Distribution 2023.  Airline Distribution 2023 will take place 7-9 March at The Liberty Hotel in Boston.

Key Points: 
  • Airline Distribution 2023 will take place 7-9 March at The Liberty Hotel in Boston.
  • Airline Distribution is UATP's annual interactive conference that focuses on important distribution issues affecting the airlines.
  • Airline Distribution will focus on the many facets of airline distribution, with a mixture of airline and industry leaders featuring the recovery of business travel, airline interviews, payment advancements, changing technology and much more.
  • To learn more about Airline Distribution 2023, please visit: https://uatp.com/airline-distribution-2023/
    If you are interested in sponsoring or speaking at Airline Distribution 2023, contact [email protected] .

UPLIFT NOW ACCEPTED THROUGH ARC PAY, SUPPORTED BY UATP

Retrieved on: 
Thursday, November 10, 2022

WASHINGTON, Nov. 10, 2022 /PRNewswire/ -- Uplift, the leading enterprise Buy Now, Pay Later (BNPL) solution, has announced that it is now accepted for payment by Airlines Reporting Corp. (ARC) through UATP, the underlying technology for the partnership.

Key Points: 
  • WASHINGTON, Nov. 10, 2022 /PRNewswire/ -- Uplift , the leading enterprise Buy Now, Pay Later (BNPL) solution, has announced that it is now accepted for payment by Airlines Reporting Corp. (ARC) through UATP, the underlying technology for the partnership.
  • Travel agents will be able to process Uplift payments like any ARC Pay transactionusing their preferred GDS or ARC Pay Hub via the My ARC portal.
  • "Installment payments are a proven way to increase conversion and drive new revenue," said Tom Botts, Chief Commercial Officer at Uplift.
  • ARC is yet another Uplift integration with an airline owned entity such as UATP and Airlines Clearing House."

AirPlus and Uber for Business make business travel easier

Retrieved on: 
Tuesday, November 8, 2022

NEU-ISENBURG, Germany and SAN FRANCISCO and WASHINGTON, Nov. 8, 2022 /PRNewswire/ -- The corporate payment specialist AirPlus International is pleased to announce that the AirPlus Company Account is now accepted on Uber. For business travelers who want to get to or from the airport or train station, for example, rides with Uber for Business are a familiar and efficient alternative to other forms of transportation. The customer requests a ride via the Uber app, and payment and billing take place in the background with AirPlus. The same applies for other Uber for Business offerings like access to meal orders or other deliveries.

Key Points: 
  • The customer requests a ride via the Uber app, and payment and billing take place in the background with AirPlus.
  • What I'm most excited about with the Uber for Business and AirPlus collaboration is the frictionless experience for both the business traveler and for travel managers or HR professionals on the back-end.
  • Uber for Business with AirPlus as means of payment will be available globally, in all markets where the Uber app is available and where AirPlus operates.
  • 49,000 corporate customers rely on AirPlus when it comes to paying for and analyzing their business travel and other purchasing activities.

Vueling joins forces with BitPay and UATP to accept cryptocurrencies as an alternative method of payment

Retrieved on: 
Thursday, June 16, 2022

BARCELONA, Spain, June 16, 2022 /PRNewswire/ -- Vueling, an airline part of IAG, and BitPay, the world's largest provider of Bitcoin and cryptocurrency payment services, have reached an agreement allowing the airline's customers to make payments through this digital means of exchange.

Key Points: 
  • Thanks to this alliance, Vueling will become the first low-cost airline in Europe to accept cryptocurrencies as a payment method.
  • Jess Monz, Manager of Distribution Strategy and Alliances at Vueling says:
    "With this agreement, Vueling once again reaffirms its position as a digital airline.
  • Founded in 2011, BitPay pioneered blockchain payment processing with the mission of transforming how businesses and people send, receive, and store money.
  • UATP connects airlines to Alternative Forms of Payment which can expand reach and generate incremental sales globally.

Mystifly Joins UATP Network

Retrieved on: 
Thursday, April 21, 2022

WASHINGTON, April 21, 2022 /PRNewswire/ -- UATP and Mystifly announced a strategic partnership in which UATP will be integrated into MystiPay, an airline payment solution from Mystifly. The partnership focuses on reducing the cost of acceptance for travel payments.

Key Points: 
  • WASHINGTON, April 21, 2022 /PRNewswire/ -- UATP and Mystifly announced a strategic partnership in which UATP will be integrated into MystiPay, an airline payment solution from Mystifly.
  • "We recognize that the airline distribution and payments landscape is complex," stated Rajeev Kumar, CEO and MD, Mystifly.
  • We take great pride in partnering with UATP as both businesses share a common vision to provide a better payment opportunity for all.
  • Mystifly will help save the industry money by utilizing UATP in its supplier relationships."