AirBaltic Begins Accepting Cryptocurrency For Bookings
Milestone Date: March 21, 2021
Latvian airline airBaltic has announced its decision to accept a range of new cryptocurrencies as payment for flights, becoming one of the first airlines in the world to embrace digital currencies. In 2014, airBaltic became the first airline to accept Bitcoin payments in exchange for flight tickets.
The airline has partnered with BitPay, a leading cryptocurrency payment service provider, to facilitate secure and efficient transactions. BitPay enables airBaltic to accept various cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), and Dogecoin (DOGE). This collaboration ensures seamless integration of cryptocurrency payments into airBaltic's existing payment infrastructure.
“As an innovative airline, we always strive to search for ways to improve the customer experience starting from the booking process… Over the years around 1,000 clients have used the payment option, which may not seem like a lot, but still offers passengers a unique payment option hard to find elsewhere,” said Martin Gauss, Chief Executive at airBaltic.
This move by airBaltic also serves as an important milestone in the mainstream adoption of cryptocurrencies. As a prominent airline, airBaltic's acceptance of cryptocurrencies could encourage other travel companies and businesses across industries to consider incorporating digital assets into their payment systems.
By Elizabeth Morrison
Published:March 29, 2021
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