Bitnet and UATP Work to Bring 'Frequent Flyer Miles' to All Bitcoin Enthusiasts
For all you bitcoin lovers who've always wanted to get your hands on frequent flyer mileage, now just might be your chance. Through a special partnership between bitcoin payment processor Bitnet and payment network Universal Air Travel Plan (UATP), over 250 airlines are now allowing customers and flight fanatics alike to pay for the travel tickets in bitcoin. This is probably the biggest thing for "irl" bitcoin users since Expedia began accepting the digital currency. UATP CEO and president Ralph Kaiser was particularly enthusiastic when speaking of the partnership, explaining: "We are....
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Through a critical partnership between UATP and Bitnet, 260 airlines along with Amtrak railways can incorporate bitcoin payments on their platforms. In a press release, UATP president and CEO Ralph Kaiser expressed excitement for the ground-breaking travel partnership, showing immense support for Bitnet. "We are very happy to be partnering with Bitnet to add bitcoin to our payment platform. We are always looking for skilled partners to bring additional forms of payment to the UATP processing platform and Bitnet fits the bill well." UATP, also known as Universal Air Travel Plan, decided....
Universal Air Travel Plan (UATP), a payment network owned by major international airlines such as American Airways, British Airways and Lufthansa, has partnered with bitcoin payment processor Bitnet. The integration allows over 260 of UATP's airlines to accept bitcoin through Bitnet, starting today. Introduced in 1936, UATP is credited with issuing the first-ever charge card. As of 2014, the company processes around $14bn in payments from corporate customers, travel agents and retail consumers. Additional UATP merchants include JetBlue, Qantas, US Airways and United Airlines. Akif Khan,....
Universal Air Travel Plan (UATP) is bringing more than 300 airline members and travel merchants cryptocurrency payment options. Airlines in the UATP network include Air Canada, Air China, Delta, Frontier, Japan Airlines, Jetblue, Qantas, Southwest, and United.
UATP Gets Into Crypto
UATP is an airline-owned global payment network accepted by thousands of merchants worldwide for air, rail, hotel, and travel agency payments.
UATP announced Wednesday that it has partnered with Bitpay “to offer its network the ability to accept payments quickly and easily in....
During the last few years, prepaid cards that offer cryptocurrency rewards have grown popular and a number of digital asset payment cards offer these types of rewards. This means instead of accruing frequent flyer miles or points, consumers get rewarded in crypto assets every time they make a purchase with the card. A recent study with 1,011 Americans shows that 14% of U.S.-based credit card users want cryptocurrency rewards from their credit cards.
Percentage of U.S. Residents Prefer Crypto Asset Card Rewards
It’s been a number of years since the introduction of the....
Last Saturday, retired professional boxer Mike Tyson tweeted that he is getting into the world of Bitcoin. The tweet advertised a new Bitcoin ATM device, which Tyson plans to reveal in August for Las Vegas. Tyson partnered with Bitcoin Direct LLC Peter Klamka to make this happen. Klamka also happens to run bitcoinformiles.com, which turns Bitcoins into....