UATP
For corporate travel , he adds : “ The end user , the corporate traveller , shouldn ’ t really be thinking about payment . For example , UATP is a form of payment in the Uber app . We use UATP when we travel for business with Uber , which I love because now I don ’ t have to file an expense report – it directly bills my company .
“ That ’ s one of the unique things about UATP . Anything that ’ s booked with UATP is a direct bill , which is better for the traveller .”
As some of UATP customers are travel providers and retailers , the company is working to innovate in this area to make these processes more efficient . For instance , its DataMine platform is a corporate transaction portal for travel managers to look at their employee travel patterns and make intelligent decisions about how money is spent .
“ That innovation makes it easier for the travel providers to do their job in payment without having friction ,” Ralph highlights . “ Taking time-consuming tasks , like filling out expense reports , away from travellers is great .”
When it comes to building a payment strategy , Ralph suggests that organisations selling travel will benefit from assessing the market and channel they are operating in and adapt their strategies accordingly .
“ Some channels are different and some forms of payment are more readily accepted elsewhere ,” he says . “ We do that analysis for our customers and recommend to them what are the best payment types to have available to travellers , depending on the channel and market .
130 October 2024