UATP, the global payments network enabling organisations to simplify payment processes and expand their capabilities, has announced a strategic partnership with Burbank Software Ltd, the Cardiff-based fintech behind the world’s first Card Present over Internet® (CPoI®) technology. Through this partnership, UATP will offer Burbank’s CPoI® to airline merchants, enabling them to securely process card-present transactions in online channels.

Until now, online payments have always been treated as “card-not-present” — even when made by the genuine cardholder. Burbank’s breakthrough CPoI® technology changes that, enabling online shoppers to tap their physical card on their phone and enter their PIN, legally and technically qualifying the transaction as “card-present”.

The online merchant environment continues to face mounting challenges: more than $40 billion is lost annually to fraud and chargebacks, payment-fraud is reportedly growing at a rate of 69% per year and chargebacks 52%. Even more significant is the cost of false positives — legitimate transactions incorrectly declined — costing merchants an estimated US$443 billion annually, with around 65% of blocked transactions being false positives.

Burbank’s CPoI® technology directly addresses these issues by turning every mobile phone into a POS device, enabling tap-and-PIN online payments that replicate in-store card-present transactions. As a result, merchant authorisation rates are typically 5–10% higher compared to card-not-present (CNP) transactions.

“This partnership reflects UATP’s commitment to working with leading payment innovators to meet the evolving needs of our Merchants,” said Ralph Kaiser, President & CEO of UATP. “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 — just as they would for an in-store payment. The physical card and PIN confirm the true card-holder’s identity, significantly reducing the opportunity for fraud. The transaction is then processed as a traditional card-present transaction for the merchant.

The UATP-Burbank partnership, which will initially focus on airlines, will provide benefits across merchants in any vertical in four key areas:

• Shifts liability: Since the 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 servicing costs, and eliminates orchestration needed for CNP transactions.
• Minimises fraud costs: Reduces the need for anti-fraud AI systems, 3DS, and other fraud models typically used in CNP payments.
• Lowers total costs and reputational risk: Fewer chargebacks processed, lower costs, and reduced reputational risk as these transactions become the trusted standard.

“Through CPoI®, we’re synchronising in-store security capabilities with digital payment systems. Our goal is to transform online commerce by drastically minimising fraud and eliminating false positives — challenges that consistently hurt businesses’ revenue,” stated Justin Pike, Founder & 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 operates one of the largest global closed-loop networks, simplifying payments in complex industries. It enables businesses to make or accept any type of payment; opens new markets; drives growth; and reduces costs for issuers, merchants, vendors, agents, aggregators and more. Its data tools (DataStream® and DataMine®) provide comprehensive account details to issuers and corporate account-holders.

About Burbank

Burbank is a Welsh fintech headquartered in Cardiff and a pioneer in next-generation payments technology. Its team has worked together for over a decade developing transformative authentication, identity and payments solutions — including the first live PIN-on-Mobile solution, the first cloud-based HSM solution, and over 160 mobile payments patents. Its flagship solution, CPoI®, enables online card-present payments by allowing the consumer to tap their physical card against their mobile device and enter their PIN, replicating in-store security for online checkouts. The company secured a £5 million Series-Seed funding round in March 2025, led by Mouro Capital with participation from Anthemis, Portfolio Ventures and others.