ConnexPay, the world’s first all-in-one platform to manage PayIns and PayOuts, and UATP, a global payment network that simplifies payments in complex industries, today announce a new strategic partnership.
As part of ConnexPay Exclusives, a category of payment capabilities designed to increase supplier acceptance and boost profitability, ConnexPay has launched the ConnexPay UATP card — a virtual card that ConnexPay clients can use to pay travel suppliers, such as airlines and rail carriers, who are members of the UATP network.
“The travel industry is highly complex and rapidly changing, and we recognized the need to work with a partner like UATP, which deeply understands travel payments like we do,” said Bob Kaufman, Founder and CEO, ConnexPay. “We’ve built a modern environment, concentrating on simplifying payment connections. ConnexPay’s all-in-one platform for accepting and making payments is truly transforming the industry. Through our partnership with UATP, we will be able to take that transformation even further and increase supplier payment acceptance for our clients.”
ConnexPay is the first payments technology company to unify B2B payments, both PayIn and PayOut, inside a single platform. Over the past year, ConnexPay has more than doubled its customer base, expanded its global footprint, and continued to launch new products and features that are transforming travel payments. The ConnexPay/UATP partnership will focus on travel supplier payments, with an emphasis on driving increased supplier acceptance while lowering the overall cost of payments.
UATP President and CEO Ralph Kaiser commented, “ConnexPay is a technology leader in the B2B payments space. Becoming a UATP Issuer will enhance supplier relations and increase spending power for ConnexPay’s clients. We’re looking forward to a win-win partnership with ConnexPay.”
For more information, visit UATP.com or connexpay.com.
To view the press release, click here.
