The partnership with the award-winning
carrier accelerates UATP's expansion into the Indian
market
LONDON and WASHINGTON, Sept. 13,
2023 /PRNewswire/ -- Vistara, India's finest full-service carrier and a
joint venture of the Tata Group and Singapore Airlines, has become
a UATP Merchant. This allows Vistara to accept payments across all
channels.
Vistara will enjoy lower payment acceptance costs, helping it
reduce its overall cost of distribution for the airline. It also
enables Vistara to access the extensive ecosystem of travel
agencies, corporate travel management companies and other sales
entities, for which UATP is a preferred form of payment.
Additionally, Vistara is also able to connect to a wide range of
alternative forms of payment (AFPs) through UATP, an important
advantage in the Indian marketplace where digital payment
transactions have increased by 56% this year and are projected to
quadruple by 2028. Vistara chose the UATP network due to its
ability to reduce complexity while maximizing revenue
potential.
UATP extends its reach into India
Renewing the partnership with Vistara is the most recent step in
UATP's continued expansion into India. As the largest country in the world by
population and with a fast-growing travel sector, India represents further opportunities for
UATP, already one of the most far-reaching and reputable global
payment networks. Strengthening its relationship with Vistara,
ahead of its proposed merger with Air India, is part of UATP's
broader strategic plan to expand its payment solutions to
additional Indian merchants in the travel sector and
beyond.
"With Vistara as a UATP Merchant, we have the opportunity to
help this highly regarded airline reach more travelers in more
markets and serve their payment needs better," says Zach Ornelas, SVP Commercial for UATP. "We look
forward to many years of continued growth, a mutually beneficial
partnership, and expanding our reach in the vibrant Indian
marketplace."
Vistara operates over 280 flights daily, with a fleet of 61
aircraft connecting 32 airports across India and 15 international destinations. The
airline is consistently lauded in industry rankings, including
being the only Indian carrier named on Skytrax's list of the
World's Top 20 Airlines (ranked 16th), and recently
celebrated flying its 50 millionth passenger since inception. The
airline's mission is to redefine air travel and offer a seamless
and personalized travel experiences to customers, which its
partnership with UATP will help advance.
"We're pleased to continue our association with the UATP network
which enables us to continue offering convenient payment options to
our customers across channels. We are confident that this will
prove to be a key differentiator for us as we spread our wings
across the globe and fuel our growth in the near future," says
Deepak Rajawat, Chief Commercial
Officer, Vistara.
The preferred payment network for travel
Participating as a merchant, the UATP network enables airlines to
accept UATP payments in a variety of sales channels across multiple
countries and currencies. Being a UATP Merchant helps airlines
like Vistara increase conversion rates and reduces transaction
costs.
For more information about the UATP and Vistara partnership or
to speak with company executives, please contact Wendy Ward, CMO, at
wendy.ward@uatp.com.
ABOUT UATP
UATP is the global payment network simplifying payments in complex
industries. We make it easy for businesses to make or accept any
type of payment; open new markets, drive growth and reduce costs
for Issuers, Merchants, vendors, agents, aggregators and
more. UATP is continually innovating to connect companies to
new forms of payment (AFPs), and our easy-to-use data tools,
DataStream® and DataMine® provide
comprehensive account details to Issuers and Corporate Account
Holders. Our team has decades of experience with the ever-changing
payments landscape, and our reliable and proven technology ensures
our global customers get more from every payments experience. Learn
more at uatp.com.
UATP accounts are issued by: Aeromexico; Air Canada (TSE: AC);
Air China; Air New Zealand (ANZFF.PK); Air Niugini; American
Airlines (NASDAQ: AAL); APG Airlines; Austrian Airlines; Avianca
Airlines; BCD Travel; China Eastern Airlines (NYSE: CEA); Delta Air
Lines (NYSE: DAL); EL AL Israel Airlines; Etihad Airways;
Fareportal; Frontier Airlines; GOL Linhas Aereas inteligentes S.A.
(NYSE: GOL and Bovespa: GOLL4); Hahn Air; High Point Travel; Japan
Airlines (9201:JP); JetBlue Airways; LATAM Airlines; Link Airways;
Qantas Airways (QUBSF.PK); Shandong Airlines; Sichuan Airlines;
Southwest Airlines; Sun Country Airlines; TUIfly GmbH; Turkish
Airlines (ISE: THYAO); United Airlines (NASDQAQ: UAL) and WestJet.
AirPlus International issues the UATP-based Company Account for
Lufthansa German Airlines.
About Vistara (TATA SIA Airlines Limited)
TATA SIA Airlines Limited, known by the brand name Vistara, is a
51:49 joint venture between Tata Sons Private Limited and Singapore
Airlines Limited (SIA). Vistara brings together Tata's and SIA's
legendary hospitality and renowned service excellence to offer the
finest full-service flying experience in India. Vistara commenced its commercial
operations on January 9, 2015, with
an aim to set new standards in the aviation industry in
India and it today connects
destinations across India and
abroad. The airline currently has a fleet of 61 aircraft, including
46 Airbus A320neo, 10 Airbus A321 and 54 Boeing 787-9 Dreamliner
and has flown more than 50 million customers since starting
operations.
For more information about Vistara, visit
www.airvistara.com.
Logo -
https://mma.prnewswire.com/media/75542/4270334/UNIVERSAL_AIR_TRAVEL_PLAN_LOGO.jpg
View original
content:https://www.prnewswire.co.uk/news-releases/vistara-becomes-a-uatp-merchant-to-expand-selling-ability-and-fuel-growth-301926349.html