UATP, the airline-owned payment network, said they have formed a relationship with WEX, a provider of corporate payment solutions, to provide the WEX Virtual Credit Card Solution (VCC) to the entire UATP Network.
Delta Air Lines will be the launch UATP Issuer utilizing the WEX VCC solution for expanded card acceptance for hotel and car rental purchases.
This relationship will allow UATP corporate account holders to pay for hotel and rental cars through the VCC solution. Corporate travelers will be given a single-use virtual credit card number which can be used in any currency that WEX settles. Corporate travelers will receive one consolidated travel statement for all of their air, hotel and rental car bookings.
UATP is a global payment solution owned and operated by the world´s airlines and accepted by thousands of merchants for air, rail and travel agency payments. UATP offers easy-to-use data tools, DataStreamâ and DataMineâ , which provide comprehensive account details to Issuers and Corporate Subscribers for accurate travel management.
WEX is a leading provider of corporate payment solutions. From its roots in fleet card payments beginning in 1983, WEX has expanded the scope of its business into a multi-channel provider of corporate payment solutions representing 9 million vehicles and offering exceptional payment security and control across a wide spectrum of business sectors.