WASHINGTON - UATP, the airline-owned payment network, announced that payment technology specialist Limonetik has joined the Network to expand UATP's choice of payment methods.
"This partnership gives airlines the opportunity to easily customize their alternative payment acceptance portfolio while avoiding the burden of managing new partnerships, connectivity, and system changes," said Ralph Kaiser, president and CEO, UATP. He added, "Our new partnership will enable airlines to quickly connect and respond to the customer demand for Alternative Form of Payment (AFPs) globally."
The UATP and Limonetik partnership provides a solution that simplifies the acceptance of alternative payment methods for UATP's Merchants. As an Alternative Payment Method Aggregator, Limonetik offers over 150 different payment options across the globe which will be available to UATP Merchants through the partnership. Airlines will easily be able to fulfill their AFP needs with UATP and Limonetik.
"We are looking forward to working with UATP and enhancing their payment Network," said Christophe Bourbier, CEO and co-founder, Limonetik. "In addition to expanding the Network's payment options, Limonetik also offers Merchant airlines a complete range of services, including reconciliation, refund management and fund collection. This is a win for all parties: UATP, Limonetik and the airlines in the UATP Network."
