UATP
CEO of UATP Ralph Kaiser explores how the company is committed to improving global customer experiences by making the overall payment experience simple
As demand for technologybased financial services grows , amid an increasingly complex regulatory landscape , organisations like UATP have continually adapted to suit a changing payments landscape .
First founded as Air Travel Card , UATP ’ s mission is to lower the total cost of payment for the sale of travel , including airline , rail and cruise line tickets . It is a global network that provides innovative payment solutions for a broad range of organisations .
The organisation has evolved into one of the largest global payment platforms in the world , priding itself on offering a secure and easier way for businesses to manage payments . It also seeks to open new markets and drive growth for merchants , vendors and agents alike .
First becoming CEO of UATP in 2003 , Ralph Kaiser has embraced digital transformation as a driving force within the financial services sector .
“ It ’ s all been about technology ,” Ralph shares , as he speaks with us about how his role at the helm of UATP has changed . “ We are doing things today that we didn ’ t have the technology to do 20 years ago . Our customers asked us to solve certain payment problems , and , over time , we ’ ve built those solutions to support those needs .”
Maximising value with technology UATP is an established leader in simplifying complex payment processes . It commits to innovative projects and strategic partnerships to optimise its services and offer more effective solutions for its customers .
In an environment that is increasingly regulated , UATP has sought to position itself to comply without sacrificing its innovation . As a result , UATP has boosted its staff numbers by 20 % in the last 18 months and , despite its small size , is currently processing in excess of US $ 20bn .
“ We ’ ve been on this accelerated technology growth curve ,” Ralph says . “ Ironically , the pandemic allowed us to turn inward and focus on building out the platform , which we did successfully . We just received our third patent as a result . We call ourselves an 88-year-old startup .”
UATP now comprises three main lines of business – one of which is its charge card B2B payment network . This was UATP ’ s founding business yet it is still experiencing double-digit growth and profitability .
As technology has influenced the financial services industry , more companies have prioritised digital payments for ease and convenience . In response to this , UATP has committed itself to prioritising digital growth , boasting three patents in the last three years alone as referenced above . “ We have another business where we process alternative payment brands for airlines . Anything that ’ s not on
4 uatp . com