Move Highlights ARC’s Ongoing Commitment to Ensure Flexibility in Payment Solutions
ARLINGTON, Va. – December 11, 2018 – Airlines Reporting Corp. (ARC) today announced that it now offers airlines the ability to accept UnionPay credit cards as a form of payment for tickets sold through the U.S. travel agency channel. UnionPay, based in Shanghai, is the world’s largest card-based form of payment, with 7 billion cards issued worldwide. The company’s payment products are accepted in 171 countries and regions, and the cards are issued in over 50 countries and regions.
“ARC is committed to making it easy for airlines to offer customers their preferred payment method. With the addition of UnionPay as one of those options, many in the growing Chinese travel market will enjoy an improved customer experience,” said Chuck Fischer, ARC’s managing director of payment strategy and industry relations.
UnionPay International’s General Manager of American Branch, June Chen commented, “UnionPay is pleased to partner with ARC to broaden acceptance of the UnionPay brand in the U.S. travel market. The U.S. is a critically important market for us as we continue to grow acceptance around the world, providing greater value to our cardholders and airline customers.”
An industry leader in air travel distribution and intelligence, ARC provides channel-agnostic tools and insights to help the global travel community connect, grow and thrive. ARC enables the diverse retailing strategies of its customers by providing flexible settlement solutions, innovative technology and access to the world’s most comprehensive air transaction dataset. In 2018, ARC settled $94.8 billion in transactions between airlines and travel agencies, representing more than 295 million passenger trips. For more information, please visit arccorp.com.