SriLankan Airlines Teams up with UATP to Enhance Payment Experience

Wednesday, April 10, 2024

SriLankan Airlines, Sri Lanka’s national carrier, has recently confirmed its Merchant status with UATP, a renowned global payment network facilitating streamlined payment processes to enhance payment capabilities. By aligning with UATP, SriLankan Airlines gains the ability to accept UATP payments across various sales channels spanning multiple countries and currencies. This move is expected to significantly contribute to the airline’s expansion and profitability objectives.

As an official UATP Merchant, SriLankan Airlines stands to benefit from reduced payment acceptance costs, thereby lowering its distribution expenses. Additionally, the airline gains access to customers who prefer UATP as their payment method, including prominent travel agencies and corporate travel management firms. These advantages are pivotal in maintaining competitiveness in the dynamic and rapidly growing Southeast Asian aviation landscape.

UATP, renowned for its extensive global reach and credibility in payment solutions, views its collaboration with SriLankan Airlines as a strategic move in its regional growth agenda. This partnership not only strengthens UATP’s foothold in the Indian subcontinent but also unlocks new market opportunities for the network. By deepening ties with SriLankan Airlines, UATP advances its overarching strategy of introducing its payment solutions to a broader spectrum of merchants across India and Southeast Asia.

“Being a part of the UATP network is vital to our operating strategy and a key driver of our regional growth,” says Senior Manager Commercial Services & Support, SriLankan Airlines, Gayan Wickrama. “Our Merchant status helps us stay competitive by reducing our payment costs and expanding our sales capabilities, and we look forward to continuing our relationship with UATP as we grow.”

As the flagship carrier of Sri Lanka, SriLankan Airlines operates an extensive global route network, connecting passengers to 113 destinations across 59 countries. Since its establishment in 1979, SriLankan Airlines has been synonymous with top-notch service, comfort, safety, and reliability. The airline’s stellar reputation is further reinforced by numerous industry accolades, including the prestigious recognition as the Leading International Airline – South Asia at the recent South Asian Travel Awards (SATA). With the largest fleet and the widest array of destinations, SriLankan Airlines holds the position as the foremost airline in Sri Lanka.

“SriLankan Airlines is an ideal partner for UATP, and we are proud to help this award-winning airline reach more travelers in more markets and serve their payment needs better,” says Zach Ornelas, SVP Commercial for UATP. “We anticipate continuing this long-term, mutually beneficial relationship for many years to come.”

A peerless travel payment network

Being part of the UATP network as a Merchant empowers airlines to embrace UATP payments across diverse sales channels, benefit from reduced merchant service fees, and integrate with various alternative forms of payment (AFPs). For airlines like SriLankan Airlines, being a UATP Merchant translates to enhanced conversion rates, decreased transaction expenses, mitigated risks, and heightened capability to cater to corporate clientele.

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