WorldPay, the global leader in payment processing, risk and alternative payments and UATP, the low cost payment network owned by airlines, have today announced a partnership to enable airline and travel merchants to access UATP through WorldPay.
The partnership is significant for airline and travel agency merchants that utilise the WorldPay gateway as they will now be able to grow their corporate client business by offering UATP as a form of payment. It also provides new and existing UATP customers with access to an integrated payment gateway, with over 200+ alternative payment types.
WorldPay has specialist expertise providing payment processing, alternative payment and risk solutions to airline and travel merchants. From this experience, WorldPay has an in-depth understanding of the challenges facing merchants in these industries and their requirements and demands.
UATP is widely recognised as the industry preferred payment type. It offers a cost effective alternative to other card schemes to purchase corporate travel, while still allowing airlines to keep and build their customers' loyalty. By providing access to UATP through WorldPay, merchants can elect to use this preferred method of payment without the need for a standalone payment gateway.
Philip McGriskin, chief product officer, WorldPay comments: "WorldPay strives to offer its merchants the broadest range of alternative payment options. This partnership with UATP represents this commitment and understanding that UATP is an industry preferred payment method, and the benefits it offers airline and travel merchants. Merchants should be able to use one single integrated gateway regardless of payment choice, and this partnership makes this possible for UATP purchases."
The integration with UATP and WorldPay fully supports Airline Level III data, enabling card issuers to provide card holders with detailed information on the travel purchased. This provides increased reporting for airline and travel merchants via the WorldPay API.