Spanish Airline Giant Vueling accept Crypto as a Payment Method
One of the giant companies in Spain will join forces with BitPay to enable clients to pay for tickets in several cryptocurrencies starting from 2023
The Barcelona-based airline will use Universal Air Travel Plan (UATP) technology to integrate the offering more effectively.
Vueling will support 13 cryptocurrencies including some of the leading ones by market capitalization like Bitcoin (BTC), Ether (ETH), Bitcoin Cash (BCH), Litecoin (LTC), Dogecoin (DOGE), Shiba Inu (SHIB), and other.
The move sees the light of day in January 2023 the Spanish firm will become the first low-cost airline in Europe to say "yes" to digital assets as a payment method.
BitPay's Vice president of Marketing Merrick Theobaid Vueling recognizes the potential of cryptocurrencies to transform the airline industry by making payments faster, more secure, and less expensive on a global scale.
The company is the largest airline in Spain in terms of fleet size and the number of destinations. This airline flies to over 120 locations across Europe, Africa Asia, and the Middle East.
Venezuela's biggest airport Simon Bolivar international Airport's goal is to accept digital assets as a payment method Director Freddy Borges argued that the initiative could the domestic tourism sector.
“Just as Russian passengers arrived in Margarita, they will also come to La Guaira through Conviasa, so we must advance in these new economic and technological systems that can be accessed.”
Dubai's Emirates Airlines also presents similar ambitions. the firm said it plans to embrace bitcoin as a payment method while also adding NFTs on its website for training.