WASHINGTON, Aug. 6, 2015 /PRNewswire/ -- UATP, the
airline-owned payment network, is pleased to announce that they
have formed a relationship with WEX, a leading provider of
corporate payment solutions, to provide the WEX Virtual Credit Card
Solution (VCC) to the entire UATP Network. Delta Air Lines
will be the launch UATP Issuer utilizing the WEX VCC solution for
expanded card acceptance for hotel and car rental
purchases.
"Collaborating with UATP was a logical move to grow our virtual
global travel payment platform," said WEX SVP, general manager of
virtual payments, James Pratt. "VCCs
are an increasingly popular form of payment for travelers and we
expect the solution to be picked up quickly and grow rapidly with
UATP."
This relationship will allow UATP corporate account holders to
pay for hotel and rental cars through the VCC solution. Corporate
travelers will be given a single-use virtual credit card number
which can be used in any currency that WEX settles. Corporate
travelers will receive one consolidated travel statement for all of
their air, hotel and rental car bookings.
"Working with WEX, we have created a solution that will enhance
the UATP Network by allowing corporates to add hotels and rental
cars to their UATP accounts," said Ralph
Kaiser, president and CEO, UATP. "As the pioneer of
single-use payment technology, we know that WEX will provide
top-notch service to our Network and its customers."
For more information, visit UATP.com.
About UATP
UATP is a global payment solution owned and operated by the
world's airlines and accepted by thousands of merchants for air,
rail and travel agency payments. UATP offers easy-to-use data
tools, DataStream℠ and DataMine℠, which provide comprehensive
account details to Issuers and Corporate Subscribers for accurate
travel management.
Accepted as a form of payment for corporate business travel
worldwide by airlines, travel agencies and Amtrak®; UATP accounts
are issued by: Aeromexico; Air New Zealand (ANZFF.PK); Air Niugini;
American Airlines (NASDAQ: AAL); Austrian Airlines; China Eastern
Airlines (NYSE: CEA); Delta Air Lines (NYSE: DAL); EL AL Israel
Airlines; Etihad Airways; GOL Linhas aereas inteligentes S.A.
(NYSE: GOL and Bovespa: GOLL4); Hahn Air; Heli Air Monaco; Japan
Airlines (9201:JP); Lufthansa German Airlines; Malaysia Airlines;
Qantas Airways (QUBSF.PK); Qatar Airways; Shandong Airlines; United
Airlines (NYSE: UAL); and US Airways.
About WEX Inc.
WEX Inc. (NYSE: WEX) is a leading provider of corporate payment
solutions. From its roots in fleet card payments beginning in 1983,
WEX has expanded the scope of its business into a multi-channel
provider of corporate payment solutions representing 9 million
vehicles and offering exceptional payment security and control
across a wide spectrum of business sectors. WEX serves a global set
of customers and partners through its operations around the world,
with offices in the United States,
Australia, New Zealand, Brazil, the United
Kingdom, Italy,
France, Germany, Norway, and Singapore. WEX and its subsidiaries employ
more than 2,000 associates. The Company has been publically traded
since 2005, and is listed on the New York Stock Exchange under the
ticker symbol "WEX." For more information, visit www.wexinc.com and
follow WEX on Twitter at @WEXIncNews.
Contact:
UATP Corporate Communications
Wendy Ward, wward@uatp.com
+1 202 626 4077
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SOURCE UATP