Many large airlines can now accept cryptocurrencies via the global UATP payment network-
Many large airlines can now accept cryptocurrencies via the global UATP payment network-
Universal Air Travel Plan (UATP) offers more than 300 airline members and traveling skills in cryptocurrency. The airlines in the UATP network include Air Canada, Air China, Frontier, Japan Airlines, Jetblue, Qantas, Southwest United.
uatp increases in crypto
UATP is a airlines owned by the airlines that is accepted by thousands of dealers worldwide for flight, rail, hotel and travel agency payments.
UATP announced on Wednesday that a partnership with Bitpay has been received "to offer his network the opportunity to accept payments quickly and easily in Bitcoin, Dogecoin, Ethereum, Litecoin and six other popular cryptocurrencies for trips".
Bitpay tweeted on Friday:
UATP uses the growing popularity of cryptocurrencies to offer more than 300 airline members and dealers more payment options.
The members of the UATP currently include Aeromexico, Airplus International (British Airways and Lufthansa), APG Airlines, Air Canada, Air China, Air New Zealand, Air Niugini, American Airlines, APG Airlines, Austria Airlines, BCD Travel, China Eastern Airlines, Delta, Delta Air Lines, El Al Israel Airlines, Etihad Airways, Fareportal, Frontier Airlines, Gol Linhas Aereas Inteligentes SA, Hahn Air, High Point, Japan Airlines, Jetblue, Malaysia Airlines, Qantas Airways, Shandong Airlines, Southwest, Sun Country Airlines, Transavia Airlines, Tuifly GmbH, Turkish Airlines, United Airlines and Westjet.
"Cryptocurrency is becoming more important as a safe and trustworthy payment option, especially for high-quality purchases such as travel," commented Bitpay CEO Stephen Pair and added:
The wide network of UATP airlines is now also able to reach millions of new global customers who decide to pay with crypto, regardless of which wallet they have, since Bitpay supports all crypto wallets.
Ralph Kaiser, CEO of UATP, said: "The partnership between UATP and Bitpay combines the perfect combination of two experts for payments with airlines and cryptocurrencies." He stated:
crypto payments are a market change in the industry; This partnership offers the airlines the opportunity to win new customers and to be a first mover in this very exciting area.
What do you think of the UATP partnership with Bitpay? Let us know in the comment area below.
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