Air Travel Card Announces Electronic Commerce Pilot

VeriSign Chosen as Certificate Authority

WASHINGTON, D.C. – Air Travel Card today announced the initiation of a pilot program for implementing electronic commerce through the use of the Secure Electronic Transaction (SET) protocol. This pilot program will build an electronic commerce infrastructure for Air Travel Card member airlines. Air Travel Card plans to complete the pilot and announce general availability of its program to conduct secure electronic transactions in the first quarter of 1998.

The implementation of SET technology will position Air Travel Card as a leader in electronic commerce for the travel industry. “Air Travel Card continually searches for ways to provide solutions and innovations to serve the business travel community,” said Charles B. Fischer, Managing Director of Air Travel Card. “With the implementation of SET, we are effectively meeting the needs of the virtual, global office.”

The four Air Travel Card member airlines participating in the SET Pilot program are American Airlines, Lufthansa German Airlines, Swissair and United Airlines. Air Travel Card will work closely with these air carriers to ensure that the SET technology meets the daily and long-term electronic commerce needs of member airlines and their air travel customers.

Additionally, Air Travel Card announced it intends to work with VeriSign to operate an Internet-based authentication service for electronic commerce solutions based on the Secure Electronic Transactions (SET) specification. VeriSign will develop the SET digital certificate service for Air Travel Card who will make it available for its member airlines and cardholders.

“Air Travel Card will play an important role in building the acceptance of electronic commerce in the travel industry,” said Richard Yanowitch, Vice President of Marketing for VeriSign. “This partnership is another endorsement of the SET standard to ensure that consumers can transact safely on the Internet.”

VeriSign Inc. is the world’s leading Internet Certification Authority, a trusted third party that authenticates, issues and manages digital certificates on the Internet. VeriSign’s Digital IDs enable trusted electronic commerce by authenticating the individuals, organizations and content involved in an electronic transaction. VeriSign has issued its branded Digital IDs to nearly 25,000 Web sites and 1,000,000 individuals who use Netscape and Microsoft’s Internet products. VeriSign, headquartered in Mountain View, Calif., was founded in April 1995. For more information, please visit the VeriSign Web site at www.verisign.com. Air Travel Card is the business travel payment system offered by some 30 airlines and accepted by more than 200 air carriers around the world. As a part of its global network, Air Travel Card owns and licenses the brands AirPlus®(Europe) and PassAge® (Asia) that provide value-added benefits to travelers. For more information, please visit the newly redesigned Air Travel Card Web site at www.airtravelcard.com.

Release – May 14

Air Travel Card Partners With Verifone To Offer Secure Electronic Commerce To Business Travelers

WASHINGTON, D.C. — Air Travel Card (ATC), the world’s first business travel payment system, announced today an agreement with VeriFone, Inc., the leading global provider of secure electronic payment solutions, to bring a higher level of secure electronic commerce to the business travel industry. Utilizing the SET Secure Electronic Transaction protocol, this agreement will build a foundation for Air Travel Card member airlines and corporate cardholders to conduct secure transactions over the Internet.

Through its Electronic Commerce Program, ATC will provide American Airlines and Lufthansa German Airlines with VeriFone vPOS software, which will enable them to accept the Air Travel Card as a secure form of payment over the Internet. These airlines, in turn, will conduct pilot programs with their Air Travel Card subscribers providing them with compatible VeriFone vWALLET software to initiate electronic payment transactions. The system provides near-instantaneous authorization system for the airlines’ Internet payment transactions, reducing the likelihood of fraudulent charges.

Verifone vPOS software will allow Air Travel Card’s airlines to accept Internet transactions based on the SET protocol. Once a cardholder (consumer) selects an itinerary, vWallet software initiates the payment transaction with the airline’s (merchant) vPOS software. Just as a merchant in the real world authorizes charge card purchases with a particular card issuer, the vPOS merchant software will perform an electronic verification ensuring a cardholder’s account is not being fraudulently used.

A consumer uses vWALLET software that a consumer uses to facilitate secure purchasing over the Internet. The wallet software is designed to mirror the way a consumer makes purchases in the physical world, enabling consumers to “carry” vWALLET software to an Internet site and select a charge card when purchasing an airline ticket. Additionally, transactions are protected with high levels of encryption, which makes for virtual shopping as secure as that in the real world.

“This accord sets the stage for Air Travel Card’s Electronic Commerce Program, which will allow the world’s airlines to accept the Air Travel Card as payment in an extremely secure environment,” said Charles Fischer, managing director of Air Travel Card.

The second phase of the ATC-Verifone agreement will be an incentive program designed to expand the program to other airlines that accept the Air Travel Card through the Internet. “It is the aim of Air Travel Cards to make its Electronic Commerce Program accessible to the more than 200 airlines that accept the Air Travel Card as a form of payment. The incentive program will offer discounted merchant and cardholder software, as well as end-to-end testing with specially trained personnel and turnkey operations.”

“Air Travel Card is demonstrating its industry leadership by implementing this electronic commerce initiative,” said George Hoyem, vice president of VeriFone’s Internet Commerce Division. “Once these measures are in place, payment over the Internet will be more secure.”

Air Travel Card is the business travel payment system offered by 29 airlines and accepted by more than 200 air carriers around the world. As a part of its global network, Air Travel Card owns and licenses the brands AirPlus™ (Europe) and PassAge® (Asia) that provide value-added benefits to travelers.

VeriFone, Inc. (http://www.verifone.com), a wholly owned subsidiary along with ultimate youtube (http://www.ultimateyoutubeguide.com/youtube-accessories/ ) of Hewlett-Packard Company, is the leading global provider of secure electronic payment solutions for financial institutions, merchants and consumers. VeriFone has shipped more than six million electronic payment systems, which are used in over 100 countries.

VeriFone, vPOS and vWALLET are either registered trademarks or trademarks of VeriFone, Inc. in the US and/or other countries. All other company names, brands or products may be trademarks or registered trademarks of their respective owners.

Travel Hacks

Duty Free?

If you decide to make a duty free purchase in an airport make sure that you pay with a credit card. In several countries, including the United States, duty free purchases are handed to you as you board the aircraft for your international flight. There have been reports in the news lately regarding a duty free scam taking place at Washington Dulles, JFK, and O’Hare airports. A customer makes a duty free purchase, pays cash and gets his receipt, boards the plane and waits for his purchase, which never arrives. If you have paid by cash you have very little recourse if this type of incident happens. If you’ve paid by credit card, you can call your bank and dispute the charge

More About The Ultimate Corporate Payment System.
The Air Travel Card is issued by 29 airlines worldwide and is an accepted form of payment by virtually every airline across the globe. As part of its global program, Air Travel Card also owns and licenses the brands AirPlus (Europe) and PassAge (Asia) that provide value-added services to business travelers.

In addition to the centrally-billed, airfare-only payment system, Air Travel Card also provides corporations with the multi-purpose option of a combined Air Travel Card Visa or MasterCard. The multi-purpose products allow corporations to keep a tight lid on airfare expense through the Air Travel Card while affording their business travelers the use of a Visa or MasterCard.

Billing/Accounts

Air Travel Card had more the $10 billion in worldwide billings in 1996 which places it second among corporate charge card air travel billings. Air Travel Card the preferred airfare payment system at over 100,000 companies worldwide include 76 of Fortune 100 corporations.

Air Travel Card Product Benefits

Superior Management Reports – Management reports detail travel expense patterns providing your corporation with precise information for budget analysis and forecasting of air travel.

Comprehensive Billing Options – Concise centralized billing from the issuing airline is available in multiple formats to interface with your corporate accounting systems. Customized billing options break expenses down by cost center, department, project, client, employee or other category, whatever best suits your needs.

Improved Credit Security – Keeps air travel charges separate from other corporate travel and entertainment expenses, adding greater control by discouraging credit misuse and making reconciliation much simpler.

Cardless Accounts for Greater Control – Corporations can choose to establish cardless accounts and not issue cards to employees or only to those employees who need to purchase ticket “on the fly”.

Choice/Corporate Flexibility – Air Travel Card offers one of the most efficient and flexible payment systems available. From a cardless account to a multi-purpose Corporate Air Travel Card MasterCard or Visa, no other corporate payment system allows so much choice.

Air Travel Card Product Features

No Cost to the Corporation – The only corporate charge card with no annual fees, no deposits, no per-card charges and no fees for management reports.

Automatic Insurance – Travelers receive up to $200,000 travel accident insurance at no cost with every ticket charged.

Upgraded Options – Additional levels of insurance coverage available for corporate users and individual travelers are available at low cost.

Corporate Customers

Established in 1936, the Air Travel Card was the world’s first charge card and has now evolved into the Ultimate Corporate Payment System (SM). For over 60 years, Air Travel Card has provided corporations with the products and services necessary to closely manage corporate travel. Air Travel Card is more than just an ordinary charge card, it is a total business travel payment system. The Air Travel Card offers corporations three options to control business travel expenses:

  • A centralized, air-fare only charge card
  • A cardless account
  • A multi-purpose Visa or MasterCard combined with Air Travel Card

Air Travel Card provides a flexible system that answers all corporate travel payment needs. To learn more about the Air Travel Card payment system, click here.

Air Travel Card Partners
Air Travel Card is issued by 29 airlines around the world. From markets like Tokyo and Frankfurt to Dallas and Amsterdam, Air Travel Card has an airline that provides airfare payment products and services to its customers. Air Travel Card is also accepted as a form of payment by virtually every airline across the globe.
Air Plus & Passage
As part of its global network, Air Travel Card owns and licenses the brands AirPlus™(Europe) and PassAge® (Asia) that provide value-added benefits to corporate travelers
Insurance Features
The Air Travel Card provides business travelers with automatic insurance coverage while on the road. With additional coverage options reaching $1 million, Air Travel Card can provide corporations and business travelers with peace of mind while away from home.
Apply for a Card
Corporations can easily download an Air Travel Card application for submission today if you prefer, or an application can be mailed to your attention.

Electronic commerce

Electronic commerce
takes a new step forward as Air Travel Card becomes one of the first charge cards to offer Secure Electronic Transaction (SET) technology on a widespread, permanent basis. SET is the standard developed for conducting secure credit card transactions on the Internet.

Air Travel Card has developed a long term E-Commerce plan that includes the use of SET. ATC is building a complete infrastructure that will enable airlines and cardholders alike to enjoy the benefits of Air Travel Card from through the Internet.

In addtionion, ATC is providing American Airlines, Lufthansa German Airlines and Swissair with VeriFone vPOS software, which will enable them to accept the Air Travel Card as a form of payment over the Internet. These airlines, in turn, are providing their Air Travel Card subscribers with compatible vWALLET software from VeriFone to complete electronic transactions.