On November 13, Utrust announced a new partnership with its first merchant in the travel industry, Alternative Airlines. The two companies plan to provide customers with the ability to book flights while paying with cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Dash, DigiByte (DGB) and Utrust’s native token UTK.
Likewise, the collaboration between the two companies is going to introduce instant cross border transactions, buyer protection, and crypto-to-cash settlements to the clients of Alternative Airlines.
However, the travel firm’s website allows customers to search from over 650 airlines such as Delta, British Airways, Virgin and Emirates, among others.
New #Merchant alert: @AlternativeAir is bringing #digitalcurrencies payments to over 650 airlines through our new partnership. A 2019 Sunday Times Fast Track Tech 100 company, they're all about innovation in #travel and #payments ✈️ Read more here: https://t.co/2S7tXkhJSH pic.twitter.com/LQ9wXQhQPR — Utrust (@UTRUST) November 13, 2019
Nuno Correia, the CEO of Utrust, said:
“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.” Nuno Correia
In August 2019, it was reported that SL Benfica, a Portuguese Sports Club, had partnered with Utrust to facilitate payments through cryptocurrency for tickets and merchandise.
It has been analyzed that for those, who wish to fly from the Miami International Airport and pay for their tickets with BTC, Bitcoin ATM firm Bitstop, installed one of its machines at the airport in mid-October, this year. However, the airport’s first Bitcoin ATM was last reported to be in concourse G, next to gate 16.
Doug Carrillo, the Co-founder and Chief Strategy Officer of Bitstop, pointed out that more and more people prefer to travel with Bitcoin instead of cash for convenience and security.
Thus, he said:
“Miami International Airport is a perfect place for our customers to conveniently exchange their dollars for Bitcoin and vice versa when traveling domestically or abroad.” Doug Carrillo