American Airlines partners with decentralized travel market Winding Tree
The airline industry is still reeling from the lingering effects of the Covid-19 pandemic, which shut down the global economy and restricted travel. Ethereum-based decentralized travel marketplace Winding Tree has announced a new collaboration with American Airlines that will allow select travelers to receive tailored booking options, opening up a potential new use case for blockchain technology. Through the collaboration, American’s largest corporate travel buyers will have access to Winding Tree’s marketplace to book travel directly and receive “uniquely tailored and cost-efficient....
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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....
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....
American Airlines has stopped accepting payments in Argentine pesos. This decision the result of Argentine government’s currency controls that make it difficult to convert pesos into dollars to repatriate earnings. The constraints on buying dollars have been becoming untenable for a while. American Airlines “had been limiting its Argentine peso holdings....
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....