Spanish airline Vueling and BitPay, the world's largest provider of Bitcoin and cryptocurrency payment services, have reached an agreement allowing the airline's customers to make payments through cryptocurrency from January 2023.
The airline will use technology by UATP, the global payment network for the airline industry, which allows a fast integration process.
Vueling will become the first low-cost airline in Europe to accept cryptocurrencies.
Ticket prices will be displayed in euros and customers will be able to pay for their flight from more than 100 wallets and choose between 13 different cryptocurrencies such as Bitcoin, Bitcoin Cash, Dogecoin, Ethereum, Litecoin, Shiba Inu and Wrapped Bitcoin.
Paying with cryptocurrencies is a push transaction, meaning the user sends the exact amount, rather than a withdrawal like traditional credit or debit cards, eliminating transaction fraud and phishing.
Jesús Monzó, Manager of Distribution Strategy and Alliances at Vueling said: "With this agreement, Vueling once again reaffirms its position as a digital airline.”