UATP Signs Deal With NxSystems, Inc.
November 11 2009 - 7:00AM
PR Newswire (US)
Prepaid Cards Offer Multiple Currency and Split Tender Option
WASHINGTON, Nov. 11 /PRNewswire/ -- Universal Air Travel Plan, Inc.
(UATP) today announced a partnership with NxSystems, Inc., a
leading provider of Global Payment Solutions. NxSystems product
line includes domestic and international prepaid cards that are
processed through a proprietary multi-currency payment platform
gateway that allows worldwide access to e-banking, e-payments and
e-commerce. (Logo:
http://www.newscom.com/cgi-bin/prnh/20081118/NETU022LOGO ) "By
partnering with UATP, we will be able to offer UATP airline
partners voucher prepaid debit cards, with multi-currency and
split-tender options, giving airlines the ability to attract a
variety of consumers and maximize profitability," said Scott Amon,
president, NxSystems, Inc. "Our product offers consumers a fast,
easy method of payment while reducing the risk of fraud to airlines
and lowering the cost of distribution -- a win-win solution."
NxSystems, Inc. brings to the UATP partnership the unique ability
for split-tender payments, domestically and internationally. Split
tender will enable consumers to use the voucher prepaid debit card
in a multitude of currencies with combined payment options, for use
around the globe. NxSystems proprietary NxPay(TM) Payment Platform
Gateway software provides consumers with a global payment solution
that links prepaid debit cards to its multi-currency payment
platform, creating an innovative and comprehensive web-enabled
solution. Real-time transactional information can be managed from
virtually anywhere in the world. "In today's economy, offering as
many payment options to the public is a smart business move for the
airlines," said Ralph Kaiser, president and CEO, UATP. "Consumer
demand is driving the push to the airlines for non-traditional
forms of payment, and UATP will continue to make these available to
the airlines through existing UATP connections." For more
information, visit http://uatp.com/ or http://www.nxsystemsinc.com/
About UATP UATP accounts are accepted as a form of payment for
corporate business travel by airlines and travel agencies
worldwide. UATP accounts are issued by: Aer Lingus, Air New Zealand
(Pink sheets: ANZFF.PK), American Airlines (NYSE: AMR), Austrian
Airlines (Pink sheets: AUALF.PK), Continental Airlines (NYSE: CAL),
Delta Air Lines (NYSE:DAL), GOL Linhas Aereas Inteligentes S.A.
(NYSE: GOLNYSE:andNYSE:Bovespa:NYSE:GOLL4), Japan Airlines (Pink
sheets: JALSY.PK), Northwest Airlines, Qantas Airways, Ltd. (Pink
sheets: QUBSF.PK), United Airlines (NASDAQ:UAUA), and US Airways
(NYSE:LCC). AirPlus International issues the UATP-based Company
Account for: British Airways (Pink sheets: BAIRY.PK), Continental
Airlines (NYSE:CAL), and Lufthansa German Airlines. About NxSystems
NxSystems -- a leading provider of Global Payment Solutions offers
organizations of every size, and across every industry and
geography, a comprehensive suite of innovative electronic payment
products that access the global financial network. From payroll and
commissions, personal and business travel expenses, procurement,
loyalty, gift and incentive programs, student rewards, consumer
rebates and buy here pay here financing, the NxPay payment platform
provides a real-time web-enabled electronic payment software
solution for consumers, merchants, Independent Sales Organizations
(ISOs) and multi-national companies located throughout the world.
For more information about NxSystems array of global payment
solutions, visit http://www.nxsystemsinc.com/ or call 503-513-9900.
UATP media relations contact: Wendy L. Ward +1 202-626-4077
http://www.newscom.com/cgi-bin/prnh/20081118/NETU022LOGO
http://photoarchive.ap.org/ DATASOURCE: Universal Air Travel Plan,
Inc. (UATP) CONTACT: Wendy L. Ward, +1-202-626-4077, Web Site:
http://www.uatp.com/
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