The Universal Air Travel Plan (UATP) offers payment options with more than 300 airlines and travel merchants. Airlines in the UATP network include Air Canada, China Airlines, Delta, Border, Japan Airlines, Jetblue, Qantas, Southwest and United.
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UATP is a global, airline-owned payment network accepted by thousands of merchants around the world for airline, rail, hotel and travel agency payments.
UATP announced 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 taking advantage of the growing popularity of cryptocurrency payments to bring more than 300 airline members and merchants more payment options.
Currently, UATP members include Aeroméxico, Airplus International (British Airways and Lufthansa), APG Airlines, Air Canada, Air China, Air New Zealand, Air Niugini, American Airlines, APG Airlines, and Austrian Airlines, BCD Travel, China Eastern Airlines, Delta Air, Israel Airlines, Etihad Airways, Variportal, Frontier Airlines, Gol Linhas Airas Intelligence S.A., Han 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 gain momentum as a secure and reliable payment option, especially for high-value purchases such as travel,” Stephen Bayer, CEO of Bitpay, commented, adding:
The vast UATP network of carriers is now also able to reach millions of new global customers who choose to pay with crypto regardless of which wallet they have because Bitpay supports all crypto wallets.
Some UATP members. Source: UATP
UATP CEO Ralph Kaiser stated, “The UATP-Bitpay partnership brings together the perfect mix of two experts in airline payments and cryptocurrency.” He explained:
Cryptocurrency payment is a market change factor in this industry; This partnership creates the opportunity for airlines to attract new customers and be the first mover in this very exciting space.
What do you think of UATP’s partnership with Bitpay? Let us know in the comments section below.
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