Taiwanese airline FAT Taiwan Inc. recently announced that it will accept cryptocurrency payments, namely Bitcoin, for tickets and related travel services as it looks to become a pioneer in cryptocurrency adoption within the country’s aviation industry.
Passengers can now use Bitcoin in a convenient and discounted trading experience to pay for more than 20,000 flights.
The airline’s president, Zhang Gangwei, explained that his company has “a bright vision for the future of cryptocurrency” as it proved to be “a significant transaction tool” over the past year.
The widespread use of cryptocurrency in various scenarios will usher in a new future for the airline business, lodging industry, OTA and the entire tourism sector. FAT is about to be the No.1 in the industry to embrace cryptocurrency and blockchain technology.
President, FAT Taiwan Inc.
FAT’s move marks a growing trend among airlines to provide its customers with as many convenient payment options as possible, not to mention the probable PR boost from associating its brand with innovative technology.