UATP and Uplift have announced they are teaming up to provide installment payments for travelers so customers can book their dream vacations and pay for them over time. The partnership will enable travel vendors to deploy installment payments while transacting across the UATP network.
"Flexible payments are a proven way to increase conversion and drive new revenue. Together, we wanted to make flexible payments simple and easy to implement," said Brian Barth, Uplift CEO and founder, in a press release. "Uplift and UATP are collaborating to enable a seamless and transparent implementation of Uplift Pay Monthly on the UATP Network — delivering instant ROI."
As a global payments solution, UATP is owned and operated by the world's airlines, and accepted by thousands of merchants for air, rail and travel agency payments. Some of the airlines that utilize UATP include American, Delta, Aeroméxico, Air Canada, United, JetBlue, Qantas and Southwest, just to name a few.
Through the UATP Network, Uplift will allow these airlines and travel companies to leverage payments as a marketing tool that can increase both conversion and ancillary revenues. Airlines can offer travelers the ability to buy now and pay over time — with low, fixed monthly payments, a clear total cost, a one-day advance purchase and no hidden fees.
"Through this partnership with Uplift, UATP's Network airlines will be able to access high-value audiences and grow sales revenue," said Ralph Kaiser, UATP president and CEO. "Uplift is 100 percent focused on travel, and sets the standard for travel installment payments. We take great pride in working together."
Just last month, UATP announced a partnership with Conferma Pay that will bring virtual card payment technology to airlines, making airline payments more secure. Through the virtual payment technology, users get access to a one-time card number, along with more data through the airline ticketing life cycle, giving customers more control and boosting efficiency. It also saves hours of back-office checking, removes billing issues, and makes internal tracking and spend reporting easier for firms.