Travel industry welcoming Bill Me Later platform

A strategic partnership was initiated by Bill Me Later and Universal Air Travel Plan (UATP), the airline-owned corporate travel payment network. Under the terms of the agreement Bill Me Later is to be integrated by airlines which will use their existing UATP Network for processing Bill Me Later transactions.

UATP has been a leading solution for 240 global airline and travel clients and millions of their customers in the course of 70 years. It has been an important tool in corporate travel solutions that served the purpose to deflect such trends as the high cost of credit card purchases.

“With the current economic situation and continual rise of airline fuel costs, next-generation payments like Bill Me Later are playing a more important role than ever in the travel industry,” said John Reistrup, vice president of travel and specialty retail marketing for Bill Me Later, Inc. “Airlines are seeking alternatives to reduce their expenses and also provide their customers with a fast, easy and secure way to pay, whether online or on the phone. Bill Me Later has proven to help many travel partners increase bookings and drive additional revenue through integrated programs such as deferred financing, which is particularly appealing in this market.”