Latvian Airline airBaltic Starts To Use Dogecoin and Other Cryptos As Payment Options

airBaltic, the Latvian airline, has recently jumped onto the stage as a supporter of cryptocurrencies. The company announced that it completed the process for accepting payments in multiple cryptocurrencies, including Dogecoin. From now on, travelers can book their tickets via a wide range of cryptos. 

The announcement has been made on Monday and the airline stated that they added Bitcoin Cash, Ether and Dogecoin, along with four USD-pegged stablecoins, GUSD, USDC, PAX and BUSD to their payment services. These cryptos are not the first ones included in the payment system of the company. airBaltic has already been offering Bitcoin as a payment option since 2014, which makes it the first airline company to accept payments in cryptocurrency. 

The Latvian airline company has chosen BitPay as the intermediary to execute the cryptocurrency transactions. The prices will be shown in euros and the payment processor will convert the received digital currencies into fiat at the current exchange rate. It is clearly mentioned that airBaltic will not receive any cryptocurrency. 

There will be no additional transaction costs for crypto payments made on the airline’s website and the crypto options will only be available if there are five days or more until the scheduled departure date. 

airBaltic CEO, Martin Gauss told about the news: “As an innovative airline, we always strive to search for ways to improve the customer experience starting from the booking process.” 

“Over the years around 1000 clients have used the payment option, which may not seem like a lot, but still offers passengers a unique payment option hard to find elsewhere.”

Altcoins Getting Popular?

We are familiar with companies accepting the most popular cryptocurrencies, but airBaltic is one of the few to accept Dogecoin, which started its journey as a meme-inspired cryptocurrency. 

As you already knew, Dogecoin has surged with the help of celebrities and the most famous billionaire, Elon Musk. Even though Elon Musk personally praises Dogecoin in every possible scenario, he did not add Dogecoin as a payment option for his company Tesla and he still prefers Bitcoin when it comes to payment solutions. 

SEE ALSO: Q1 PERFORMANCE OF BITCOIN STATED THE BEST SINCE 2013 ≫≫

Leave a Reply

Your email address will not be published. Required fields are marked *