UATP Announces Strategic Partnership With SafetyPay Consumer Demand Drives New Payment Option for Airlines
TORONTO, Oct. 12, 2011 /PRNewswire/ -- Airline and Travel Payment Summit -- UATP announced today at the Airline and Travel Payment Summit, a strategic partnership with SafetyPay which will allow customers to make online payments worldwide directly through customers' banks. By utilizing UATP's existing airline connections, this secure form of payment will be able to easily be integrated by the airlines, offering another payment options for customers to pay for their airline tickets.
"By partnering with UATP, we are able to gain speed-to-market as we will be able to integrate airlines with SafetyPay and begin offering customers our e-payment option quickly," said Manuel Montero, CEO, SafetyPay. "We responded to the global need from customers to be able to pay directly from their bank account, in local currency. With this new partnership, we all win."
SafetyPay is a global, secure Internet payment solution that enables online banking customers to make online purchases from merchants worldwide and pay directly through their local bank account in their local currency. SafetyPay was developed in response to the growing need for a safe and secure online payment method, which also could be used internationally.
"Giving consumers their desired form of payment has helped in this economy," said Ralph Kaiser, president and CEO of UATP. "Demand remains for airline travel, but in the last several years there has been an obvious increase for choice in forms of payment, outside of high-cost consumer cards. SafetyPay has tapped into that market and offer a secure method that consumers desire; a smart business decision enabling SafetyPay to grow organically, while expanding options for the airlines and consumers alike."
UATP accounts are accepted as a form of payment for corporate business travel worldwide by airlines, travel agencies and Amtrak®. UATP accounts are issued by: Air New Zealand (ANZFF.PK); American Airlines (NYSE: AMR); Austrian Airlines (AUALF.PK); China Eastern Airlines Co., Ltd; Continental Airlines (NYSE: CAL); Delta Air Lines (NYSE: DAL); EL AL Israel Airlines Ltd; GOL Linhas aereas inteligentes S.A. (NYSE: GOL and Bovespa: GOLL4); Japan Airlines (JALSY.PK); Qantas Airways, Ltd. (QUBSF. PK); United Airlines (Nasdaq: UAL); and US Airways (NYSE: LCC).
AirPlus International issues the UATP-based Company Account for: British Airways (LSE: BAY.L); Continental Airlines (NYSE: CAL); and Lufthansa German Airlines.
SafetyPay™ is a safe and secure e-payment solution that enables online banking customers to make Internet purchases from merchants worldwide and pay directly through their bank account. Customers are never required to disclose any financial information to the merchants or to SafetyPay, and all payment transactions are done from within the bank's online environment.
Wendy L. Ward
Managing Director, Marketing & Communications