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Stock impact report

ARC Brings Alipay Payment Option to Travel Agency Channel

American Airlines Group, Inc. (AAL) 
Last american airlines group, inc. earnings: 4/30 07:30 am Check Earnings Report
Company Research Source: Business Wire
Payment Solution Used by More Than 500 Million ARLINGTON, Va.--(BUSINESS WIRE)-- Airlines Reporting Corp. (ARC) is pleased to announce that it is now offering airlines the ability to accept Alipay as a form of payment for tickets sold through the travel agency channel. Alipay is a mobile and online payment platform based in China with more than 500 million users. ARC’s new offering to agencies is made possible by its partnership with Universal Air Travel Plan (UATP). “Alipay is widely recognized as one of the largest payment platforms in the world, and as people from China travel to the U.S. they want to use their preferred payment method,” said Chuck Fischer, ARC’s managing director of airline services. “For airlines that choose to accept Alipay, ARC now provides the means to extend this payment platform to the agency channel. ARC continues to work with UATP to enable other payment options for a Show less Read more
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