[Blockchain Today Reporter Kim So-yeon] The options for cryptocurrency payments for passengers using Latvian airline airBaltic flights will be expanded.
According to the announcement on the airline’s website on the 29th (local time), passengers can now pay for tickets using Ethereum (ETH) and Dogecoin (DOGE). The airline also accepts Bitcoin Cash (BCH) and 4 stablecoins linked to 4 U.S. dollars (USDC), Binance USD (BUSD), Gemini Dollar (GUSD) and Paxos Standard (PAX). I’m doing it.
The airline began accepting Bitcoin (BTC) payments in July 2014. In fact, the Latvian state-run airline is being promoted as the world’s first airline to offer crypto payment options.
In its official statement, Air Baltic stated that cryptocurrency payments are accepted, but ticket prices are not expressed in the amount of supported cryptocurrencies. The price is displayed in euros, and when purchasing a ticket, the digital currency payment service BitPay payment gateway service is in charge of currency exchange.
Martin Gauss, CEO of Airbaltic, notes that it has decided to expand the cryptocurrency payment options supported by the airline. “As an innovative airline, we start with the booking process and find ways to improve the customer experience. “We’ve been using cryptocurrency payments over the past few years, with over 1,000 customers using cryptocurrency payments, but we’re offering passengers a special payment option that’s hard to find anywhere else.”
The adoption of cryptocurrency is fueling the travel and service industry, and travel agencies, airlines, and hotels are allowing customers to pay for cryptocurrency reservations.
Cryptocurrency-friendly travel agencies such as Travala have an extensive network of supported airlines and hotels that accept digital currency payments.
In addition to airline tickets and reservations, the aviation industry is deploying blockchain technology for a variety of use cases. The need for digital technology, which appears in the current coronavirus pandemic, also seems to have attracted more interest in the use of new technology.
In February, Air France announced a plan to simulate a blockchain-based system to check passengers’ COVID-19 test results.
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