Lithuania: Air Baltic airline offers payments in Dogecoin and Ether
Passengers on Latvian airline Air Baltic are now getting more cryptocurrency payment options.
According to an announcement on the airline’s website on Monday, passengers can now pay for flight tickets using Ether (ETH) and Dogecoin (DOGE). Other Bitcoin Cash digital currencies are accepted, including Bitcoin Cash (BCH) and four stablecoins tied to the US dollar: USD Coin (USDC), Binance USD (BUSD), Gemini Dollar (GUSD) and Paxos Standard (PAX).
The airline initially accepted bitcoin (BTC) payments in July 2014. The Latvian national carrier is considered the first airline in the world to offer cryptocurrency payment options.
As part of its announcement, Air Baltic clarified although crypto payments are accepted, ticket prices are not displayed in cryptocurrencies. The prices will be displayed in euros. Cryptocurrency payment service provider BitPay will handle the conversion of digital currency payments into fiat when purchasing tickets.
Commenting on the airline’s decision to accept more cryptocurrencies, Air Baltic CEO Martin Gauss said:
„As an innovative airline, we are always striving to improve the customer experience. This starts with the booking process. Over the years, about 1,000 customers have used the payment option. That may not seem like much, but it offers passengers a unique payment option that is hard to find elsewhere.“
Cryptocurrencies are becoming increasingly popular in the travel and hotel industry
Travel agents, airlines and hotels are increasingly giving their customers the option to make bookings with cryptocurrencies.
Crypto-friendly travel agencies like Travala have a large network of airlines and hotels that accept payments in digital currency.
In addition to airline tickets and bookings, the airline industry is using blockchain technology for many other use cases. The necessary digitalisation in the face of the coronavirus pandemic has also strengthened the focus on the use of the new technology.
Back in February, Air France announced a pilot project to use a blockchain system to verify passengers‘ COVID-19 test results.