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BitcoinCash (BCH) become Payment Tool for Airline Tickets

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The largest airline in the country of Latvia, airBaltic, has made a new decision on March 29, where the airline company has received the crypto asset BitcoinCash (BCH) as a means of payment for buying tickets as a payment method for ticket bookings for passengers using their flights. in collaboration with the payment service provider Bitpay.

Apart from BitcoinCash (BCH), Ether (ETH), Doge are also 2 other crypto assets that can be options. Although actually, not this time airBaltic is using this new approach for ticket purchases.

In 2014 they were among the first to use crypto assets. And at that time Bitcoin (BTC) had become the first choice as a payment method.

In its official statement, Monday, March (29/3/2021), airBaltic explained that it had added a number of crypto assets for payment methods on their flights.

Where the ticket prices on the website are displayed in euros. So when airBaltic customers pay for their flights, their cryptocurrency is converted into euros automatically at the current exchange rate by payment system operator BitPay. Although airBaltic does not accept payments in cryptocurrencies directly. Due to the availability of payments in other cryptocurrencies, it is subject to the cryptocurrency wallet used by the customer.

With this news, at least it will make it easier for prospective passengers to buy tickets using different assets. Where crypto users especially have many conveniences going forward for their flight payment methods when using airBaltic.

“As an innovative airline, we are always looking for ways to improve the customer experience starting from the booking process. Over the years, around 1000 clients have used payment options, which may not seem like a lot, but still offer passengers unique payment options that are hard to find elsewhere, ”said Martin Gauss, CEO of airBaltic.

Gauss also emphasized that his party accepts Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Dogecoin (DOGE), and also 4 stablecoins worth US dollars (GUSD, USDC, PAX, and BUSD) as payment for tickets sold at the website is airbaltic.com.

“The crypto payment option is available when purchasing an airBaltic GREEN ticket. Payment is not subject to airBaltic transaction fees and is available for flights booked at least five days before scheduled departure, "said Gauss.

As one of the airlines that can be said to be on time, airBaltic (Air Baltic Corporation USA) connects the Baltic region with more than 70 destinations in Europe, the Middle East, and the CIS.

airBaltic is a joint-stock company founded in 1995. Its major shareholder is the state of Latvia, which holds 96.14 percent of the shares. Meanwhile, Lars Thuesen held 3.86% through his fully-owned Aircraft Leasing 1 SIA. airBaltic has operated 25 Airbus A220-300 aircraft so far. Something is a little unique and everyone can easily recognize this airline where airBaltic not only has the most modern fleet flying across Europe but three of its aircraft have been repainted with special patterns to symbolize the unique DNA of airBaltic and Baltic.

Many awards have been received by this airline. Among them in 2017, airBaltic received the CAPA Regional Airline of the Year award, and in the following years in 2018 and 2019 airBaltic received the ATW Airline Industry Achievement Award as Market Leader of the Year. And in the same year, in 2019 airBaltic was awarded the Sector Leadership Award from Airline Business. And also Skytrax has given airline airBaltic a five-star rating for the safety of COVID-19 plus airBaltic is one of twenty airlines included in the top position for COVID-19 compliance by safety, product and COVID-19 rating agency Airlineratings.com .

source: https: //www.airbaltic.com/en/airbaltic-bitcoin-payments-extended-by-various-crypto-currencies

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Hello there, From my point of view, they are not selling tickets for Bitcoin Cash, they are Buying Bitcoin Cash with tickets :P They get more BCH dollar per dollar this way. It's a very smart thing to do, kind of like Musk did with BTC. Cheers

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Hello too, it's nice to read your point of view which is really different from the average people. And I agree with you.

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