Travel firm Alternative Airlines and Utrust have partnered up to provide travelers with the means to book flights using cryptocurrency.
According to Utrust, they want to give customers the capacity to use cryptocurrencies to reserve plane seats. The digital payments processing company said that travelers will soon be able to pay for their tickets using Utrust’s token UTK, Bitcoin (BTC), Dash, DigiByte (DGB), and Ethereum (ETH).
The partnership between UK-based Alternative Airlines and Utrust will rollout features like instantaneous cross-border transactions, cryptocurrency-to-cash settlements, and buyer protection to the travel company’s clients.
Alternative Airline’s website lets users search for flights from more than 650 airlines. Some of the company’s partners include British Airways, Delta, Emirates, United Airlines, and Virgin Airlines.
Nuno Correia of Utrust on the Topic
Nuno Correia, the CEO of Utrust, explained that whether it’s for business or pleasure, plane travel can be costly. Many customers have to save for months before taking a trip. It is why clients have to be protected when they’re booking flights.
Correia stated that Utrust and Alternative Airlines are giving their supporters improved security and the convenience that cryptocurrency payments provide.
When travelers use traditional payment methods, they are charged a certain fee. There’s also the problem of managing the various currencies. These issues can lead to a profit loss. That won’t happen when you use Utrust. Correia said that using digital currency would also reduce processing fees and push for more trust and transparency in the online payments system.
Cryptocurrency is slowly but steadily finding its way into the travel and leisure industry. People travelling from the Miami International Airport can now purchase their tickets using Bitcoin. Bitstop, a BTC ATM company, successfully installed one of its machines at the airport in mid-October. The Miami Airport’s first Bitcoin ATM is reportedly near Gate 16, Concourse G.
Dough Carillo of Bitstop
Dough Carillo, Bitstop’s co-founder and Chief Strategy Officer, claimed an increasing number of people are choosing to travel with BTC instead of cash. He pointed out that crypto was more security and convenient.
Carillo also said that the Miami International Airport was the perfect spot. The location makes it easier for clients to exchange their Bitcoins for dollars and vice versa before boarding their flight.
Utrust also appears to be a good partner for Alternative Airlines’ newest project. The payments firm has the right experience for the job. The company partnered up with SL Benfica in August to manage purchases using digital currency. Fans of the Portuguese club can now buy tickets and other merchandise on their favorite team’s website using BTC, ETH, and UTK.