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UATP to Offer Pay in 4 With PayPal for Airfare Purchases Across its Airline PartnersWASHINGTON, April 14, 2021 /PRNewswire/ -- UATP announced today it is broadening its work with PayPal to include Pay in 4 as an option for airfare purchased via UATP Merchant Airlines. With Pay in 4 from PayPal, customers pay for their purchases in four interest-free payments and merchants get paid up front.* "The buy now, pay later (BNPL) product has become increasingly popular for travelers," said Ralph Kaiser, president and CEO, UATP. "The PayPal-UATP relationship has 15 years of demonstrated success and we expect that to continue with Pay in 4." Pay in 4 is an interest-free, short-term pay later solution that can be used for qualifying purchases of $30-$600. Customers who select Pay in 4 pay for their purchase in four payments every two weeks over six weeks, with the first payment due at purchase. Now that PayPal offers its Pay in 4 checkouts on airfare, travelers can tap into it via the merchant's UATP connection – spreading out their purchase with clear, predictable payments. For more information, visit UATP.com *About Pay in 4: Consumer late fee may apply for missed payments and varies by consumer's state of residency. Loans to California residents are made or arranged pursuant to a California Finance Lenders Law License. PayPal, Inc. is a Georgia Installment Lender Licensee, NMLS # 910457. ABOUT UATP Accepted as a form of payment for corporate business travel worldwide by airlines, travel agencies and Amtrak®; UATP accounts are issued by: Aeromexico; Air Canada (TSE:AC); Air China; Air New Zealand (ANZFF.PK); Air Niugini; Air Serbia; American Airlines (NASDAQ: AAL); APG Airlines; Austrian Airlines; BCD Travel; China Eastern Airlines (NYSE: CEA); Delta Air Lines (NYSE: DAL); EL AL Israel Airlines; Etihad Airways; Fareportal; Frontier Airlines; GOL Linhas aereas inteligentes S.A. (NYSE: GOL and Bovespa: GOLL4); Hahn Air; High Point; Japan Airlines (9201:JP); JetBlue Airways; Qantas Airways (QUBSF.PK); Shandong Airlines; Sichuan Airlines; Southwest Airlines; Sun Country Airlines; TUIfly GmbH; Turkish Airlines (ISE:THYAO); United Airlines (NASDAQ: UAL) and WestJet. AirPlus International issues the UATP-based Company Account for Lufthansa German Airlines. Contact: View original content to download multimedia:http://www.prnewswire.com/news-releases/uatp-to-offer-pay-in-4-with-paypal-for-airfare-purchases-across-its-airline-partners-301267937.html SOURCE Universal Air Travel Plan, Inc. (UATP) |