UATP and APG Announce the Launch of a New Issuer Program
MONACO and WASHINGTON, Nov. 2, 2017 /PRNewswire/ — APG WorldConnect — APG, the leading network of commercial and distribution services for airlines, and UATP, the low-cost payment network owned and operated by the world’s airlines, announced today that APG Airlines is officially launching its UATP Issuer program.
Sandrine de Saint Sauveur, President of APG INC, stated, “Payments are an essential part of airline distribution and we are delighted to work with UATP, a payment network most suited for the airline industry. Our objective is to provide a white-label UATP Issuer platform to airlines who are seeking a payment solution to develop their sales on corporate customers. Our philosophy has always been to offer a wide scope of global commercial and distribution services at a variable cost; commercializing a UATP platform is the next logical step for us.”
“We are excited to add APG Airlines to the UATP Network and to support its Issuer program. APG is a strategic player within the industry, offering flights through numerous airline partners,” said Ralph Kaiser, President and CEO, UATP. “It was the obvious choice to work with them on their white-label solution to strengthen their airlines’ corporate travel market share. Corporate travel is once again booming across the globe with spending reaching $1.3 trillion in 2016 and forecasted to advance by 6% next year.”
APG Airlines is one of the most recent airlines to become a UATP Issuer and holds a seat on the UATP Board of Directors. The partnership was developed for small and mid-sized carriers looking to grow corporate sales in developing countries.