Menu

World’s First Airline to Accept Bitcoin

  • Published by Ozgur Tore

One of the Top 10 airlines globally for innovation has become the world’s first airline to accept Bitcoin as payment for its tickets to 60 destinations in Europe, Middle East, Russia and the CIS.

bitcoinLatvian airline airBaltic now accepts Bitcoin as payment for tickets on its website www.airbaltic.com. The ticket prices on the website are displayed in euros. When airBaltic customers pay for their flight, their Bitcoins are converted into euros at the current exchange rate. To make accepting Bitcoin possible, airBaltic teamed up with Bitpay, a third-party payment processor that converts Bitcoins into euros. The Bitcoin payment option is available when purchasing the cheapest tickets, known as airBaltic Basic class.

Bitcoin is a software-based payment system introduced in 2009. Payments are recorded in a public ledger and bitcoin is its unit of account. Bitcoin payments are accepted by such companies as WordPress.com, Overstock.com, Expedia, Dell, and others.

Advertisement
Advertisement

Most Read Aviation news since January 1, 2017

Prev Next

Destinations

Spend a Romantic Weekend in Tallinn, Estonia

Spend a Romantic Weekend in Tallinn, Estonia

Beginning of December 2016, me and my wife visited Tallinn, the capital of Estonia, and if you are searching for a romantic weekend, then you should consider Tallinn. The Estonian capital offers tra...

Best of Greek Islands with Celestyal Cruises

Best of Greek Islands with Celestyal Cruises

In Summer 2016, I had chance to sail to Greek Islands with the Celestyal Cruises. In an organization with Karavan Cruises, travelers enjoyed best of Greek islands with Celestyal and received a compl...

Unique and Luxurious Vacation Destination in Turkey: Cappadocia

Unique and Luxurious Vacation Destination in Turkey: Cappadocia

ftnNEWS would like to present you a unique vacation idea here in Turkey: Cappadocia Region. Located on the central Anatolia plateau within a volcanic landscape sculpted by erosion to form a successi...