WASHINGTON, Sept. 27, 2016 /PRNewswire/ -- UATP
announced today that the company has partnered with dLocal to offer
local currency payment options to UATP's Airline Merchants.
The partnership will focus on emerging market locales to
fulfill the growing need for payment options.
"We're pleased to be partnering with UATP to support payment
acceptance for Airline Merchants in emerging markets, such as
Latin America, where we have a
strong foothold," said Sebastian
Kanovich, CEO, dLocal. "The airline industry is a great
market to tap into and we look forward to improving the process of
purchasing airfare and fulfilling customer demand for local
currency payment options."
Emerging markets represent an untapped opportunity, both in
terms of airline needs as well as the difficulty of finding local
payment partners in these areas. Together, UATP, providing the
technology platform, and dLocal will provide a solution for
airlines expanding in these regions which have requirements to
support local payment methods in order to best serve customers with
specific demands, such as Credit Cards with installments and cash
payment options."
"Working with dLocal was the clear choice to address the payment
needs of our Airline Merchants," said Ralph
Kaiser, President and CEO, UATP. "dLocal offers over 130
payment methods in its portfolio which will vastly expand the
Network's options. Moreover, they are well-versed in integrating
with the many payment methods in emerging markets and bring a great
amount of knowledge for working in these particular regions."
dLocal is the only company to build a cutting-edge payments
platform from the ground up specifically for emerging markets.
Companies can integrate a single API and be up and running in 12
countries, accepting over 130 local payment methods, in a matter of
just weeks. Once integrated, the platform handles all the
tough work as most of dLocal's customers' conversions grow up to
40%, and ultimately, garner new revenue by reaching over a billion
emerging customers.
For more information, visit UATP.com or dlocal.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 New Zealand
(ANZFF.PK); Air Niugini; American Airlines (NASDAQ: AAL); Austrian
Airlines; China Eastern Airlines (NYSE: CEA); Delta Air Lines
(NYSE: DAL); EL AL Israel Airlines; Etihad Airways; Frontier
Airlines; GOL Linhas aereas inteligentes S.A. (NYSE: GOL and
Bovespa: GOLL4); Hahn Air; Heli Air Monaco; Japan Airlines
(9201:JP); Malaysia Airlines; Qantas Airways (QUBSF.PK); Shandong
Airlines; Transavia Airlines; TUIfly GmbH; Turkish Airlines
(ISE:THYAO); United Airlines (NYSE: UAL) and WestJet.
AirPlus International issues the UATP-based Company Account for:
British Airways (LSE: IAG) and Lufthansa German Airlines.
About dLocal:
dLocal (https://dlocal.com) is a technology company and the #1
payments leader with a single solution, focused on Latin America and other emerging markets. With
dLocal, there is no need to set up local entities, or integrate
dozens of isolated payment methods, nor undergo heavy operational
and tax burdens. Leading global ecommerce companies rely on us to
increase conversion by eliminating complexity and managing their
payments expansion effortlessly. As both a payments processor and a
merchant of record where we operate, we make it simple and
risk-free for our client partners to make inroads into the world's
fastest-growing, emerging markets.
Contact:
Scott Rosenblum
Cutler PR
646-828-6007
scott@cutlerpr.co
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SOURCE UATP