Washington, DC (USA) – The low cost payment network owned by airlines, announced today their new partnership with GlobalCollect, the world's leading Payment Service Provider for the Customer Not-Present channel, as a hotel acquirer.
“GlobalCollect will open a wide range of hotels to the UATP Network by solving the need for acceptance of additional payment methods,” said Tom Cunningham, Vice President. Business Development, UATP. “As a hotel Acquirer, GlobalCollect will help strengthen the network, benefiting our corporate account holders with access to a wide selection of hotels.”
GlobalCollect’s extensive work in the global banking and payment industry led to the creation of their premier payment platform, WebCollect. This platform accepts over 170 currencies and more than 150 payment methods, allowing corporations to use their preferred UATP account for hotels.
“We’ve witnessed the challenges facing today’s travel industry and recognize the need for increased payment options,” said Mike Carlo, Global Market Leader for Travel, GlobalCollect. “GlobalCollect’s unrivaled payment platform increases revenue while cutting costs. This partnership will help expand UATP’s reach by allowing corporate subscribers greater hotel choice while still using their preferred payment method.”
This strategic partnership will add value to the UATP Network, setting new levels of growth. It will help further growth globally by increasing the card’s acceptance at hotels used for corporate travel around the world. The GlobalCollect and UATP integration will continue to support folio level data supplied to card holders for travel management. Card holders will have access to more data for purchased travel and hotel stays.
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GlobalCollect is the most knowledgeable global Payment Service Provider in the world, processing more than US$14 billion in international e-commerce payments per year for more than 500 of the world’s most recognized e-commerce brands in the digital goods and services, travel, retail and video gaming industries, among many others. With nearly two decades of payments experience, we enable our clients to efficiently and securely accept payments from more than 170 countries in more than 170 currencies, using in excess of 150 local payment methods including all major credit and debit cards, direct debits, bank transfers, real-time bank transfers, eWallets, cash at outlets, prepaid methods, checks, and invoices. This gives our customers unparalleled coverage, especially in high-growth regions like Latin America, where GlobalCollect acquired regional PSP Sub1 in 2012. Our robust and redundant systems guarantee our customers high availability and reliability. GlobalCollect’s business intelligence tools and more than 400 payments experts help our clients elevate their payment strategies to become a strategic asset to their companies. Headquartered in Amsterdam, GlobalCollect has six locations around the world, and is a Welsh, Carson, Anderson & Stowe company. For more information please visit: http://www.globalcollect.com and follow us on: http://www.linkedin.com/company/globalcollect, http://www.twitter.com/Global_Collect and http://www.facebook.com/globalcollect.
UATP is a global payment solution owned and operated by the world’s airlines and accepted by thousands of merchants for air, rail, hotel 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.
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