WASHINGTON Jan. 19, 2011 $12 billion
The arrangement between SITA and UATP will cover the delivery of payment services including an authorization and settlement processing platform, as well as hosting and customer support services. The solution for UATP incorporates Horizon Payment Services, which is a key component of Horizon, SITA’s next-generation passenger management system.
UATP’s connectivity reaches over 95% of the world’s airline passenger-carrying capacity and provides low-cost alternatives to expensive credit card and merchant service fees. Airlines can completely avoid credit card fees if their corporate clients purchase tickets on the airline that issued their UATP card.
SITA’s new technology will replace UATP’s existing infrastructure, which has been in place since 2000 and was provided by multiple suppliers.
Kaiser added: "For UATP there are significant benefits to dealing with a single supplier, and in particular with SITA, because this organization understands both the industry in which we operate, and complex payment systems. SITA is a unique partner; unlike any other it has a mandate, like UATP, to serve the airline community and to reduce costs wherever possible."
SITA has a 25 year history in travel payments including credit card authorization services that manage more than 24 million transactions per year from GDSs and airline reservations systems to all major credit card schemes.
"Our major investment in the Horizon passenger management solutions and our experience in the air travel payment business combined with our global IT and communications infrastructure will bring huge benefits to UATP and its customers. UATP’s selection demonstrates that the market clearly sees the value that SITA brings to passenger processing."
SITA is using Authentic, the payment engine from Alaric, the SOA (service-oriented architecture)-oriented payment software provider, as a component of its next-generation payment infrastructure.
Over the past two years airlines from all parts of the globe tapped UATP’s network and expertise to solve a myriad of distribution and payment-related challenges ranging from corporate travel charge programs, prepaid card solutions and government travel initiatives. UATP’s unique ability to deliver solutions that enable airlines to grow their business while decreasing their cost of sale has led to a record number of carriers joining the Network.
Over 250 airlines and thousands of travel agencies accept UATP as a low-cost form of payment for air travel, service fees, management fees and net fares. Not only does this make UATP an impressive network for corporate clients who use it as their preferred form of payment but those entities that accept UATP save money because of low merchant service charges.
Notes to Editors:
SITA is the world’s leading specialist in air transport communications and IT solutions. SITA delivers and manages business solutions for airline, airport, GDS, government and other customers over the world’s most extensive network, which forms the communications backbone of the global air transport industry.
SITA’s portfolio includes managed global communications, infrastructure and outsourcing services, as well as services for airline commercial management and passenger operations, flight operations, aircraft operations and air-to-ground communications, airport management and operations, baggage operations, transportation security and border management, cargo operations and more.
With a customer service team of over 1,900 staff around the world, SITA invests significantly in achieving best-in-class customer service, providing integrated local and global support for both its communications and IT application services.
SITA has two main subsidiaries: OnAir, which is the leading provider of in-flight connectivity, and CHAMP Cargosystems, the world’s only IT company dedicated solely to air cargo. SITA also operates two joint ventures providing services to the air transport community: Aviareto for aircraft asset management and CertiPath for secure electronic identity management.
US$1.49 billion euro 1.07 billion
London Malaysia Australia