"We are delighted to start the partnership with UATP. Airlines working with UATP will now benefit from being able to accept real online cash payments from a new group of customers," says Michael Mueller, CEO of paysafecard group. "Our experience with airline-partners show that implementing an alternative online cash-payment method, such as Cash-Ticket, enables webshops to reach new target groups, that haven't paid online before and will therefore cause an increase of new paying customers - it's true incremental business."
The Cash-Ticket voucher can be purchased at numerous outlets in Europe and provides a 16 digit pin code which can be used online quickly and securely. Users can keep track of their balance and transactions online. The vouchers are available in denominations of €10, €20, €50, €100 and €150. Up to ten vouchers can be used at once for larger payments. Buying a Cash-Ticket incurs a one-off activation fee of €2 for the consumer, regardless of how much credit is purchased; there are no hidden costs or extra charges.
"Consumers continue to look for greater convenience and security for online purchases," said Ralph Kaiser, president and CEO of UATP. "There is a steady trend toward debit-based payments and cash transactions; Cash-Ticket is perfectly poised to capture this growing trend. The partnership allows speed-to-market for Cash-Ticket through existing UATP connections and offers the airlines lower distribution costs - everyone wins."
For more information visit http://uatp.com or www.cash-ticket.com
About UATP
UATP accounts are accepted as a form of payment for corporate business travel by Amtrak, airlines and travel agencies worldwide. UATP accounts are issued by: Air New Zealand (ANZFF.PK), American Airlines (NYSE: AMR), Austrian Airlines (AUALF.PK), Continental Airlines (NYSE: CAL), Delta Air Lines (NYSE:DAL), Japan Airlines (JALSY.PK), Northwest Airlines, Qantas Airways, Ltd. (QUBSF.PK), United Airlines (Nasdaq: UAUA), and US Airways (NYSE: LCC). AirPlus International issues the UATP-based Company Account for: British Airways (LSE: BAY.L), Continental Airlines (NYSE: CAL), and Lufthansa German Airlines.
About Cash-Ticket
Cash-Ticket is the new product from paysafecard group. The prepaid voucher allows consumers to purchase flights, ticket orders and online shopping without having to provide personal bank details. When paying at a web-shop all that is required is the 16 digit pin code. This makes Cash-Ticket to a very fast, simple and secure payment method. The paysafecard group already operates in 20 countries worldwide with offices in Vienna, London and Bern. Founded in 2000, the company is one of the leading providers for alternative payment solutions and in March 2009 the company was awarded by Paybefore for being the ‘Best Prepaid Company outside the USA'.
Press Contact:
Ludger Voetz
Tel: +44 20 7297 3314
E-Mail: ludger@braun-pr.com