GiroSolution Collaborates with UATP to Offer Airlines Additional Online Payment Methods

News provided by

Feb 19, 2015, 08:00 ET

MEERSBURG, Germany and WASHINGTON, Feb. 19, 2015 /PRNewswire/ -- Payment logistics specialist, GiroSolution, and the airline-owned payment network, UATP, have entered into a partnership that will immediately enable all UATP Merchants to offer and process additional online payment methods via existing infrastructure. The agreement will focus on guaranteed online banking-based e-payment methods, such as giropay, eps and iDEAL. Germany's second-largest airline, airberlin, is the first airline to take advantage of this payment solution.

GiroSolution's PSP platform GiroCheckout will work in tandem with UATP's existing infrastructure to integrate alternative online payment methods with the airlines. UATP is accepted as a payment method by over 260 airlines. This is an advantage for airlines because they do not have to undertake any new, resource-intensive integration, but instead can rely on UATP's existing infrastructure.

"Thanks to our partnership with UATP, we have significantly expanded the range of services for the GiroCheckout PSP platform which in return has made GiroSolution a highly attractive partner for international airlines," explained Hermann Stengele, CEO, GiroSolution AG. "GiroSolution specialises in guaranteed online banking-based e-payment methods and deliberately entered into the partnership with UATP to make these technical processes easily available. The fact that we are also the processing partner for this service, rounds off our one-stop offer. We are delighted to have immediately won a high-profile customer, airberlin, who are currently implementing this solution."

"Our customers are always looking for alternative, country-specific online payment methods," added Ralph Kaiser, president and CEO, UATP. "We are delighted to have gained a partner in Europe in the shape of GiroSolution, which with its market knowledge and expertise in handling payments, can tailor its services to our customers worldwide."

You can also find this report at www.girosolution.de and UATP.COM.

About GiroSolution AG

As a payment logistics specialist, GiroSolution develops, integrates and operates payment solutions for digital channels owned by retailers, municipalities, and federal and state governments (e-government). The uncomplicated, fast and above all secure end-to-end solution for the integration of various popular payment methods is called GiroCheckout and enables the fully automated and comprehensive handling of all payment processes.

In addition, GiroSolution offers added-value solutions that reduce drop-out rates and eradicate the need for manual post-processing. GiroSolution supports customers with reverse transaction processes and provides the giropay-ID system for online age verification. With GiroCode and the giropay payment button, GiroSolution offers appropriate products for electronic billing processes. The payment solutions can be used in e-commerce and m-commerce as well as mail order/telephone order business. Technical integration is made easier by various plug-ins for standard shop software, software development kits, and an API with documentation.

GiroSolution's customers include many renowned international online stores, including CTS Eventim, Bigpoint and Rakuten Deutschland as well as various state lottery companies. Since 2012, GiroSolution has been an exclusive partner to giropay GmbH for direct sales.

About UATP

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, DataStream^SM and DataMine^SM, which provide comprehensive account details to Issuers and Corporate Subscribers for accurate travel management.

Accepted as a form of payment for corporate business travel worldwide by airlines, travel agencies and Amtrak®; UATP accounts are issued by: Aeromexico; Air New Zealand (ANZFF.PK); American Airlines (NYSE: AAL); Austrian Airlines; China Eastern Airlines (NYSE: CEA); Delta Air Lines (NYSE: DAL); EL AL Israel Airlines; Etihad Airways; GOL Linhas aereas inteligentes S.A. (NYSE: GOL and Bovespa: GOLL4); Hahn Air; Japan Airlines (9201:JP); Luhfthansa German Airlines; Malaysia Airlines; Qantas Airways (QUBSF.PK); Shandong Airlines; United Airlines (NYSE: UAL); and US Airways.

Media Contact: Wendy Ward, 1-202-626-4077, [email protected]

Logo - http://photos.prnewswire.com/prnh/20081118/NETU022LOGO

SOURCE UATP