A Swiss-based payment processing company Utrust announced partnership with Alternative Airlines to let its customers pay with Bitcoin for flights. The news was announced on November 13.
In the post, Utrust says one of their key missions is to encourage mass adoption of crypto by making it “not only possible, but safe and easy for people to use cryptocurrencies on their day-to-day activities.”
Travelers now can conveniently book flights to the most well-known locations in the world, or just as easily reach the most remote ones — from the Galapagos Islands to the wooden airport of Jackson, Wyoming — and pay using Bitcoin, Ethereum, DASH, DigiByte, and Utrust’s own UTK.
Utrust realizes it is a highly competitive, low-margin market out there. Traditional card payment methods incur fees, and typical payment service providers also have their drawbacks like chargebacks. With their current move, the company adds value to customers by introducing instant cross-border transactions, buyer protection, and crypto-to-cash settlements.
Here’s Utrust’s CEO, Nuno Correia:
“For business or leisure, flight travel can be expensive with consumers saving for months to afford a trip. Considered a high ticket item, it is imperative that consumers are protected when booking flights. Utrust is providing Alternative Airlines’ customers with the increased security and convenience of cryptocurrency payments, and reducing processing fees, to bring greater transparency and trust to the world of online payments.”
To this end, Utrust decided to join forces with Alternative Airlines, an up and coming UK-based online travel company. According to the blog post, Utrust was impressed by the travel agency’s passion for going out of its and ensuring that customers get a unique experience and the variety of deals to choose from.
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