Spanish Airline Vueling to Accept Cryptocurrency as Means of Payment

Vueling, a low-cost Spanish airline, has announced it is exploring the functionality of blockchain and NFT (non-fungible token) exertion to judge cryptocurrency arsenic a means of outgo for its services. The institution enlisted the assistance of Criptan, a registered Spanish cryptocurrency exchange, and aims to unfastened this outgo enactment for users by Q3 2023.

Vueling to Collect Payment successful Crypto

Vueling, 1 of the Spanish fund airlines that has grown aft the Covid-19 question restrictions ended, is taking its archetypal steps to accepting crypto arsenic outgo for its services. The institution announced connected Jan. 14 it was examining the usage of blockchain and NFT exertion successful bid to let customers to get level tickets with crypto.

For this task, Vueling has partnered with Criptan, a nationalist speech that has already registered with the Bank of Spain, to service arsenic a payments company, processing and completing customers’ orders utilizing crypto.

Vueling states this determination volition crook it into the archetypal low-cost hose to judge crypto arsenic a means of outgo successful Europe. On this, Jesus Monzo, Vueling’s alliances and organisation manager, stated:

This statement places america astatine the forefront of caller technologies and innovation, further reinforcing our committedness to our customers and offering the champion and astir precocious tools and solutions connected our website.

Jorge Soriano, Criptan’s CEO, stated the institution is convinced that the instauration of crypto payments could amended idiosyncratic acquisition by showing customers the imaginable determination is down the implementation of specified solutions.

The functionality is expected to beryllium disposable connected the website of the hose by Q3 2023, and it volition beryllium utilizing UATP tech, the planetary payments web for airlines, though the institution has not indicated which cryptocurrencies volition beryllium accepted.

Airlines and Crypto

Other airlines person already introduced crypto and adjacent NFTs arsenic portion of their retail operations. One of these is Flybondi, an Argentine airline, that announced it would beryllium issuing level tickets arsenic NFTs successful September 2022, allowing users to merchantability them connected secondary markets. As portion of that alliance, the institution would besides judge payments successful stablecoins similar USDC, utilizing Binance Pay arsenic a outgo processing partner.

But adjacent anterior to that, the Venezuelan authorities reported it would beryllium accepting respective cryptocurrencies arsenic outgo for level tickets successful Oct. 2021, including among these the nationalist token, the petro.

What bash you deliberation astir Vueling accepting cryptocurrency payments for tickets by Q3 2023? Tell america successful the comments conception below.

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