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TheStreet Open House

UATP Begins Strategic Partnership With Adyen

WASHINGTON, Nov. 1, 2012 /PRNewswire/ -- UATP announced today that it has formed a new partnership with Adyen, the global payment company. This newly created relationship will allow airlines utilizing the Adyen payment solution to accept UATP, the preferred form of payment by corporations globally, and expand their corporate market share.  Adyen's first UATP client is Sky Airline, a Latin American airline located in Chile. 

(Logo: http://photos.prnewswire.com/prnh/20081118/NETU022LOGO )

"Through the partnership with UATP,  Adyen can now offer airline merchants the opportunity to meet corporate client demand of UATP acceptance, while minimizing the risk of fraud for these merchants," said Roelant Prins, CCO of Adyen. "Adyen takes great pride in providing customers with safe and secure payment choices and we look forward to offering these services, in addition to providing our local expertise, to more airlines in the future.""To be competitive and grow market share, airlines need to meet customer demand," said Ralph Kaiser, president and CEO of UATP. "By partnering with Adyen, we can help airlines provide secure forms of payment that customers are demanding. This partnership has supplied a solution that will help both sides grow in the corporate travel market, and greatly benefit the airlines and the corporate traveler through UATP. "

Adyen is a multichannel payment company which provides a fully-outsourced payment solution that enables merchants to accept payments from anywhere in the world.  The Adyen solution is highly scalable and can be completely customized to meet any merchant requirement. Adyen supports all relevant sales channels, including online, mobile and Point-of-Sale (POS), and can currently process more than 200 different payment methods, 187 transaction currencies and 14 settlement currencies used across six continents.

For more information visit http://uatp.com or http://www.adyen.com/

About UATP 

UATP accounts are accepted as a form of payment for corporate business travel worldwide by airlines, travel agencies and Amtrak ®. UATP accounts are issued by: Air New Zealand (ANZFF.PK); American Airlines (AAMRQ.PK); Austrian Airlines; China Eastern Airlines Co., Ltd; Delta Air Lines (NYSE:DAL); EL AL Israel Airlines Ltd; GOL Linhas aereas inteligentes S.A. (NYSE: GOL and Bovespa: GOLL4); Japan Airlines (9201:JP); Qantas Airways, Ltd. (QUBSF. PK); United Airlines (NYSE: UAL); and US Airways (NYSE: LCC). AirPlus International issues the UATP-based Company Account for: British Airways; United Airlines (NYSE: UAL); Swiss International Air Lines AG; Air China Limited and Lufthansa German Airlines."

About Adyen

Headquartered in Amsterdam, with offices in Boston, San Francisco, London, Paris, Sao Paolo and Singapore, Adyen is a leading, multichannel payment company. Adyen provides a fully-outsourced payment solution, built on over 15 years of industry experience, which enables merchants accept payments from anywhere in the world.  Adyen operates a highly scalable, customizable payment solution that supports all relevant sales channels, including online, mobile and Point-of-Sale (POS). Adyen currently supports more than 200 payment methods, 187 transaction currencies and 14 settlement currencies used on six continents.  Adyen works with many global customers including SoundCloud, Getty Images, KLM, PopCap Games, Greenpeace, and Vodafone. 

For more information, please visit www.adyen.com.

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