Article

Mentioned Companies:

UATP Cards and Processing

Universal Air Travel Plan (UATP), currently owned by more than two dozen airlines in Europe, Asia-Pacific, the Americas, and the Middle East, has been providing corporate cards and lodge accounts (no plastic cards) or a mix to businesses since 1936. Last year, the purchase volume of UATP products exceeded $14.10 billion with 80% tied to card and lodge accounts issued outside the U.S. Europe is UATP’s biggest market. AirPlus, the corporate payment management subsidiary of Lufthansa, accounted for more than 50% of all UATP purchase volume worldwide, mostly through lodge accounts. UATP proce...

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March 2018
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