Bitnet Partnership Opens Up 260 Airlines to Bitcoin Payments
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,....
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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....
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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