WASHINGTON, July 8, 2020 /PRNewswire/
-- Fareportal has joined the UATP Network and is the
first OTA to issue UATP accounts. The partnership allows for
reduced distribution costs using the airlines' own lower cost form
of payment, UATP. Fareportal is active with live
accounts.
"With so many of our airline partners participating in UATP,
becoming an Issuer just made good sense," said Sam S. Jain, CEO & Founder of
Fareportal. "We're very pleased to become the first OTA to
participate."
Fareportal's unique hybrid business model bridges the gap
between an online travel agency and a traditional travel agency and
provides a wide-ranging customer base to its airline
partners. With a focus on the overall journey and meeting
customer needs; the UATP partnership adds payment to the Fareportal
customer-centric experience.
"In joining the UATP Network, Fareportal has effectively
positioned itself for rapid growth in this market," said
Ralph Kaiser, President and CEO,
UATP. "Becoming a UATP Issuer is a smart move by
Fareportal. Focusing on B2B initiatives with the UATP
partnership, Fareportal will be market-ready and become a driving
force during the industry recovery and beyond."
Fareportal is the technology company behind leading travel
brands CheapOair and OneTravel.
For more information, visit UATP.com or Fareportal.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 connects airlines to
Alternative Forms of Payment which can expand reach and generate
incremental sales globally. 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 Canada (TSE:AC); Air China; Air New
Zealand (ANZFF.PK); Air Niugini; Air Serbia; American Airlines
(NASDAQ: AAL); APG Airlines; Austrian 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; Hight Point Travel; Japan Airlines (9201:JP); JetBlue
Airways; Qantas Airways (QUBSF.PK); Shandong Airlines;
Sichuan Airlines; Southwest Airlines; Sun Country Airlines; TUIfly
GmbH; Turkish Airlines (ISE:THYAO); United Airlines (NYSE: UAL) and
WestJet.
AirPlus International issues the UATP-based Company Account for
Lufthansa German Airlines.
About Fareportal
Fareportal is a travel technology company powering a
next-generation travel concierge service. Utilizing its innovative
technology and company owned and operated global contact centers,
Fareportal has built strong industry partnerships providing
customers access to over 600 airlines, a million hotels, and
hundreds of car rental companies around the globe. With a portfolio
of consumer travel brands including CheapOair and OneTravel,
Fareportal enables consumers to book online, on mobile apps for iOS
and Android, by phone, or live chat. Fareportal provides its
airline partners with access to a broad customer base that books
high-yielding international travel and add-on ancillaries.
Contact:
UATP Corporate
Communications
Wendy Ward, wward@uatp.com
+1 202 250 4665
View original content to download
multimedia:http://www.prnewswire.com/news-releases/fareportal-becomes-uatps-newest-issuer-301089778.html
SOURCE UATP