Universal Air Travel Plan (UATP) is bringing more than 300 airline members and travel merchants cryptocurrency payment options. Airways within the UATP network include Air Canada, Air China, Delta, Frontier, Japan Airlines, Jetblue, Qantas, Southwest, and United.
UATP Will get Into Crypto
UATP is an airline-owned global payment network accepted by thousands of merchants worldwide for air, rail, hotel, and journey company funds.
UATP introduced Wednesday that it has partnered with Bitpay “to supply its network the ability to simply accept funds shortly and simply in bitcoin, dogecoin, ethereum, litecoin and 6 different popular cryptocurrencies for travel.”
Bitpay tweeted Friday:
UATP is tapping into crypto’s rising payment popularity to deliver more than 300 airline members and retailers more payment options.
At the moment, UATP’s members 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 S.A., Hahn Air, High Point, Japan Airways, 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 achieve momentum as a secure and trusted cost possibility, particularly for high-value purchases like travel,” Bitpay CEO Stephen Pair commented, including:
UATP’s broad network of airlines are also now able to reaching millions of recent world prospects who select to pay with crypto no matter what pockets they maintain since Bitpay helps all crypto wallets.
UATP CEO Ralph Kaiser opined, “The UATP – Bitpay partnership brings together the proper mixture of two specialists in airline and cryptocurrency payments.” He elaborated:
Crypto payment stands to be a market changer within the business; this partnership creates the chance for the airways to attract new prospects and to be a first-mover on this very thrilling area.
Source: BitcoinNews
