WASHINGTON, March 15 -UATP's global financial payment network continues its Eastern European expansion with the addition of a new direct connection to billing and settlement plans (BSP): BSP Bulgaria. BSP Bulgaria continues the extension throughout Eastern Europe by UATP, where UATP is the first credit card brand to be processed electronically.
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BSP Bulgaria joins over two dozen BSPs worldwide, including recently introduced BSP Poland, Croatia and Hungary, which process UATP transactions directly with ATCAN, UATP's central, global transaction-processing system.
"Streamlining acceptance of UATP as a form of payment, via the BSP to our acquirer network, ATCAN, significantly reduces processing times and increases efficiency for UATP's airline and agency merchants," said Ralph Kaiser, president and CEO, UATP. "Eastern Europe continues with significant growth and being accepted through BSPs across the region enables ease of use of UATP accounts while growing its base in Eastern Europe to accommodate future needs."
Once a BSP is connected to ATCAN, it can send data directly to ATCAN on a Merchant's behalf. Merchants simply have to instruct the BSP to send the data to ATCAN and discontinue their current method for submitting BSP data to ATCAN.
To learn more about BSP connections to ATCAN, e-mail atcaninfo@uatp.com, or call +1 (202) 626-4054 (ATCAN help desk) or contact Vladko Iordanov at viordanov@uatp.com
About UATP
UATP accounts are accepted as a form of payment for corporate business travel by more than 220 airlines worldwide. UATP accounts are issued by these airlines: Aer Lingus, Air New Zealand, American Airlines (NYSE: AMR), Austrian Airlines, Continental Airlines (NYSE: CAL), Delta Air Lines, Japan Airlines (Nasdaq OTC: JALSY), Qantas Airways, Ltd., United Airlines (OTC Bulletin Board: UALAQ), US Airways (UAIRQ.OB), and VARIG Brazilian Airlines. AirPlus International issues the UATP-based Company Account for: British Airways (NYSE: BAB), Lufthansa German Airlines, and Continental Airlines (NYSE: CAL).
Press contact:
Wendy L. Ward
+1 202-626-4077
wward@uatp.com
