The partnership focuses on lowering the cost of payment to the industry.
WASHINGTON DC – Fareportal has joined the UATP Network and is the first OTA to issue UATP accounts. The partnership allows for reduced distribution costs using the airlines’ own lower cost form of payment, UATP. Fareportal is active with live accounts.
“With so many of our airline partners participating in UATP, becoming an Issuer just made good sense,” said Sam S. Jain, CEO & Founder of Fareportal. “We’re very pleased to become the first OTA to participate.”
Fareportal’s unique hybrid business model bridges the gap between an online travel agency and a traditional travel agency and provides a wide-ranging customer base to its airline partners. With a focus on the overall journey and meeting customer needs; the UATP partnership adds payment to the Fareportal customer-centric experience.
“In joining the UATP Network, Fareportal has effectively positioned itself for rapid growth in this market,” said Ralph Kaiser, President and CEO, UATP. “Becoming a UATP Issuer is a smart move by Fareportal. Focusing on B2B initiatives with the UATP partnership, Fareportal will be market-ready and become a driving force during the industry recovery and beyond.”
Fareportal is the technology company behind leading travel brands CheapOair and OneTravel.
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