The Universal Travel Payment System know as UTPS is built upon proprietary blockchain, operating in real time for processing of payments and refunds to travelers in all industries. To describe it is to show and example of what the issues are and how to completely corrects the issues.
A family or business traveler books a flight, hotel, and car for a vacation or business trip. There flight is cancelled, they have to wait days to get a refund for the flight, but they need to book a new flight right then. Problem, the money they need to bool the next flight won’t be refunded to them for days. A family is stranded, a business traveler cannot contact their company to book a new flight, what to do.
The UTPS instantly corrects this problem. One payment system, built on the security of a dedicated blockchain. Example. A traveler opens a free UTPS account and is issued a digital or physical card. The card can be used at any participating airline to book travel and make payment. A traveler books a flight, it is cancelled, the airline clicks a single button on their screen or handheld device and the funds are back in the travels account instantly to use for re-booking.
The airlines are losing millions of dollars due to these issues. By using the UTPS the airlines 3 times their current costs.