UATP Partners with Burbank to Deliver Card-Present over Internet® Solutions to Airline Merchants
MWN-AI** Summary
UATP has entered a significant partnership with Burbank to enhance online payment processing for airline merchants through Burbank's innovative Card-Present over Internet (CPoI®) technology. This collaboration aims to address pressing challenges in the $837 billion payments market, where merchants currently lose over $40 billion annually to fraud and chargebacks. The rise in payment fraud, increasing by 69% each year, exacerbates the urgent need for secure, efficient payment solutions.
Burbank's CPoI® technology transforms mobile phones into point-of-sale (POS) devices, allowing customers to securely make card-present transactions online by tapping their payment cards against their mobile device and entering a PIN. This process significantly reduces fraud opportunities and enhances authorization rates—typically 5-10% higher than card-not-present transactions. By qualifying these online transactions as card-present, liability shifts from the merchant to the issuers, offering substantial protection and financial advantages.
The partnership promises to deliver multiple benefits for airline merchants and broader markets, including reduced processing costs by eliminating various scheme fees and minimizing costs associated with chargebacks. Furthermore, it lessens the reliance on anti-fraud systems that are generally needed for card-not-present transactions.
Ralph Kaiser, President and CEO of UATP, emphasized the collaboration's goal of adapting to evolving merchant needs while reducing customer risks and creating new revenue opportunities. Justin Pike, CEO of Burbank, highlighted the initiative's potential to enhance online commerce accessibility and security, ultimately reshaping the digital payment landscape. As e-commerce continues to grow, the UATP-Burbank alliance is set to revolutionize how transactions are conducted across various industries.
MWN-AI** Analysis
The recent partnership between UATP and Burbank to introduce Card-Present over Internet® (CPoI®) solutions marks a pivotal development in the payments landscape for airline merchants. This collaboration directly addresses the ongoing challenges in payment processing, particularly in combating fraud—a sector projected to cost merchants over $40 billion annually.
By leveraging Burbank's innovative CPoI® technology, UATP enhances transaction security, transforming mobile devices into point-of-sale systems. This strategic pivot not only minimizes fraudulent activities but also improves authorization rates by 5-10%, providing a dual benefit of enhanced security and operational efficiency. Moreover, the significant reduction in chargeback rates and related servicing costs allows merchants to allocate resources more effectively, thus streamlining their financial operations.
Investors should keenly monitor the implications of this partnership, particularly against the backdrop of an industry rife with payment fraud and chargebacks. With online shopping continuing to surge, UATP’s move to shield merchants from liability by categorizing these transactions as card-present is strategic and forward-thinking. This shift in liability could attract airlines and other retailers seeking robust fraud prevention measures.
Furthermore, the ability to convert more transactions into card-present equivalents could lead to a favorable impact on merchants' bottom lines, presenting compelling revenue opportunities. Given the recent trends in the fintech sector towards enhanced security and user trust, this partnership is poised to become a benchmark for similar initiatives in various retail sectors.
For investors, aligning with UATP's trajectory suggests a promising opportunity in the evolving payments market. Emphasizing innovation in financial technology while tackling critical payment issues should position UATP and its partners favorably as the market landscape continues to develop.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
PR Newswire
Strategic partnership provides UATP Airline Merchants with enhanced online payment processing through Burbank's innovative CPoI® technology; addresses need in $837b market1
WASHINGTON, Oct. 16, 2025 /PRNewswire/ -- UATP, the global network enabling organizations to simplify payment processes and expand their payment capabilities, today announced a strategic partnership with Burbank, a pioneer in next-generation payments technology behind the world's first Card-Present over Internet (CPoI®) technology. Through this partnership, UATP will offer the CPoI® solution to airline merchants to securely process card-present transactions in online channels.
Online merchants face significant payment processing challenges, experiencing more than $40 billion annually in fraud and chargebacks. Payment fraud is growing at an alarming rate of 69% per year, with chargebacks increasing by 52%. Even more costly are false positives, where legitimate transactions are incorrectly flagged as fraud, costing merchants $443 billion per year with 65% of blocked transactions being false positives.
Burbank's CPoI® technology directly addresses these issues by turning every mobile phone into POS devices, significantly reducing fraud and improving authorization rates, typically 5-10% higher with card present than card-not-present transactions. Beyond preventing fraud, CPoI® creates new revenue opportunities for merchants by eliminating false positives.
"This partnership reflects UATP's commitment to working with leading payment innovators to meet the evolving needs of our Merchants" said UATP President and CEO, Ralph Kaiser. "By combining our payment processing expertise with Burbank's groundbreaking CPoI® technology, we are delivering a solution that meets today's market demands while creating significant cost savings and revenue opportunities for Merchants."
With CPoI®, online shoppers simply tap their payment card against their own mobile device and securely enter their PIN to complete payment, just as they do in-store. The physical card and PIN confirm the true cardholder's identity, significantly reducing the opportunity for fraud. The transaction is then processed as a traditional card present transaction for the merchant. This approach provides customers with the highest level of protection when shopping online while making the experience as familiar and trusted as in-store payments.
The UATP-Burbank partnership, which will initially focus on airlines, will provide enormous benefits to merchants across any vertical in four key areas:
- Shifts Liability: Since transactions qualify as card present, liability remains with issuers and does not shift to the merchant.
- Reduces Processing Costs: Removes scheme fees, reduces chargeback and chargeback servicing costs and eliminates orchestration for CNP transactions.
- Minimizes Fraud Costs: Reduces the need for anti-fraud AI systems, 3DS, and fraud models that are typically used with CNP payments.
- Lowers Total Costs and Reputational Risk: Fewer chargebacks processed, lower costs and lower reputational risk as these transactions become the trusted standard for merchants and consumers.
"Through CPoI®, we're synchronizing in-store security capabilities with digital payment systems. Our goal is to transform online commerce by drastically minimizing fraud and eliminating false positive, challenges consistently hurting businesses' revenue," stated Justin Pike, CEO of Burbank. "CPoI® will expand online shopping accessibility to a broader customer base, providing superior transaction protection while enhancing merchant fraud prevention standards."
ABOUT UATP
UATP is one of the largest global and most secure closed-loop networks, simplifying payments in complex industries. We make it easy for businesses to make or accept any type of payment; open new markets, drive growth, and reduce costs for Issuers, Merchants, vendors, agents, aggregators, and more. UATP is continually innovating to connect companies to new forms of payment (AFPs), and our easy-to-use data tools, DataStream® and DataMine®, provide comprehensive account details to Issuers and Corporate Account Holders. Our team has decades of experience with the ever-changing payments landscape, and our reliable and proven technology ensures our global customers get more from every payment experience. Learn more at uatp.com.
Accepted as a form of payment for corporate business travel worldwide by airlines, travel agencies, and Amtrak®; UATP accounts are issued by: Aeromexico; AERTiCKET; Air Canada (TSE: AC); Air China; Air New Zealand (ANZFF.PK); Air Niugini; AirPlus International a wholly owned subsidiary of SEB Kort; Akbar Travels; American Airlines (NASDAQ: AAL); APG Airlines; APG Pay; Austrian Airlines; BCD Travel; China Eastern Airlines (NYSE: CEA); ConnexPay; Delta Air Lines (NYSE: DAL); EL AL Israel Airlines; Ethiopian Airlines; Etihad Airways; Fareportal; Flight Centre Travel Group; Frontier Airlines; GOL Linhas Aereas inteligentes S.A. (NYSE: GOL and Bovespa: GOLL4); Hahn Air; High Point Travel; Hopper; Japan Airlines (9201:JP); JetBlue Airways; LATAM Airlines; MakeMyTrip; Qantas Airways (QUBSF.PK); Shandong Airlines; Sichuan Airlines; Southwest Airlines; Sun Country Airlines; TUIfly GmbH; Turkish Airlines (ISE: THYAO); United Airlines (NASDAQ: UAL); Wego; WestJet; Wings Global Travel and W2 by GO7.
About Burbank
Burbank is a fintech innovator specializing in secure payment technologies. Its flagship solution, Card-Present over Internet® (CPoI®), uses EMV cryptography to deliver card-present security and economics to online transactions. By reducing fraud, improving authorization rates, and lowering transaction costs, CPoI® is redefining payment performance for high-volume merchants.
Media contact: Wendy Ward, CMO, UATP, wward@uatp.com
SOURCE UATP
FAQ**
How do UATP's offerings, in partnership with Burbank, specifically benefit airline merchants like United Airlines Holdings Inc. UAL in reducing fraud and chargeback rates compared to traditional online payment methods?
What metrics will UATP and Burbank use to measure the success of the CPoI® technology in enhancing the payment processing experience for United Airlines Holdings Inc. UAL?
In what ways might the CPoI® technology transform the overall customer experience for passengers of United Airlines Holdings Inc. UAL when making online purchases?
How does the partnership address the significant challenges of payment fraud and false positives that are prevalent in the airline industry, particularly for major players like United Airlines Holdings Inc. UAL?
**MWN-AI FAQ is based on asking OpenAI questions about Turk Hava Yollar Unsp/Adr (OTC: TKHVY).
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