Universal Air Travel Plan (UATP) offers cryptocurrency payment options to more than 300 airline members and travel merchants. Airlines on the UATP network include Air Canada, Air China, Delta, Frontier, Japan Airlines, Jetblue, Qantas, Southwest and United.
UATP gets into crypto
UATP is an airline-owned global payments network accepted by thousands of merchants worldwide for airline, rail, hotel and travel agency payments.
UATP announced on Wednesday that it has partnered with Bitpay “to provide its network with the ability to quickly and easily accept payments in Bitcoin, Dogecoin, Ethereum, Litecoin and six other popular travel cryptocurrencies.”
Bitpay tweeted on Friday:
UATP is leveraging the growing popularity of cryptocurrencies to provide more than 300 airline members and merchants with more payment options.
UATP members currently include Aeromexico, Airplus International (British Airways and Lufthansa), APG Airlines, Air Canada, Air China, Air New Zealand, Air Niugini, American Airlines, APG Airlines, Austrian Airlines, BCD Travel, China Eastern Airlines, Delta Air Lines, EL AL Israel Airlines, Etihad Airways, Fareportal, Frontier Airlines, GOL Linhas aereas inteligentes SA, Hahn Air, High Point, Japan Airlines, Jetblue, Malaysia Airlines, Qantas Airways, Shandong Airlines, Sichuan Airlines, Southwest, Sun Country Airlines, Transavia Airlines, Tuifly GmbH, Turkish Airlines, United Airlines and Westjet.
“Cryptocurrency continues to grow in importance as a secure and trustworthy payment option, especially for high-value purchases such as travel,” commented Bitpay CEO Stephen Pair, adding:
UATP’s broad airline network is now also able to reach millions of new global customers who choose to pay with crypto, regardless of which wallet they have, as Bitpay supports all crypto wallets.
Ralph Kaiser, CEO of UATP, said, “The UATP-Bitpay partnership brings together the perfect combination of two experts in airline payments and cryptocurrencies.” He stated:
Crypto payments are a market changer in the industry; This partnership gives airlines the opportunity to acquire new customers and be a first mover in this very exciting area.
What do you think of the UATP partnership with Bitpay? Let us know in the comment section below.
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