- Spanish airline Vueling will start accepting Bitcoin and other cryptocurrencies as payment in early 2023.
- Vueling has partnered with BitPay, a Bitcoin payment infrastructure provider, to enable the new payment method on its website.
- The airline will also work with UATP, a global payment solution provider for travel expenses used by airlines worldwide.
Vueling, a Spanish airline owned by International Consolidated Airlines Group (IAG), has partnered with BitPay, one of the largest infrastructure providers for bitcoin payments, to accept bitcoin as payment, according to a press release.
“With this agreement, Vueling reaffirms its position as a digital airline,” said Jesús Monzó, Vueling’s manager of distribution strategy and alliances, in a press release. “We are very pleased to have found in BitPay the best partner to offer customers the opportunity to conduct transactions with cryptocurrencies with the highest level of security and reliability”.
To build the infrastructure needed to accept bitcoin and other cryptocurrencies as payment by early next year, the airline will also partner with Universal Air Travel Plan Incorporated (UATP), a payment network provider for travel-related expenses.
By partnering with BitPay and UATP, Vueling will become the first low-cost airline in Europe to accept Bitcoin as a payment method. Initially, the option is only available to individuals on Vueling’s website.
“Offering cryptocurrency as a means of payment for the buying public is a must in this digital payments age,” said Rachel Morowitz, UATP’s Senior VP Partner Processing, as Vueling’s customers see increasing demand to pay with cryptocurrency.”
Ticket prices will continue to be displayed in euros and customers can pay using many wallets and payment methods accessible through the BitPay ecosystem.