Brisbane airport now lets you pay in crypto for everything
Brisbane’s airport has announced that it will now accept major cryptocurrencies in every store.
The airport is billing itself as the first of its kind to proudly accept cryptocurrency in all of its stores.
Live transactions are also available to view on the airport’s website and are being tested by travelers from all over the world.
Payments are made via a smartphone app and QR code scanning with no additional hardware requirements.
— NEM (@NEMofficial) June 4, 2018
CEO of Travelbybit, Caleb Yeoh, said to Nugget’s news channel:
” blockchain technology has the ability to make transactions and global commerce a lot more efficient and a lot more transparent, the payments are close to instant and there are no exchange rate fees and there are no bank fees”.
A Brisbane International representative says the airport wants to “maintain relevance,” saying:
“for us its really important passengers choice and how they want to interact with an agent about their journey, as well as helping our retailers maintain relevance and resilience against the threat of online shopping.
“Supporting local startup talent and reinvesting into the big community is big for us and then finally what we can learn from it.”
The airstrip is one of the busiest in the country and now encourages its thousands of daily travelers to spend cryptocurrency on site.
The move is the result of the partnership between Australian payment provider ‘travelbybit’ and Brisbane Airport Corporations [BAC].
BAC hopes to learn about the cryptocurrency and blockchain solutions from the partnership for further operational developments within the international airport.
BAC’ representative adds:
“we’re happy to partner with Caleb and help our retailers explore this brave new world of cryptocurrency.
“A lot of businesses have come to us asking how do we accept crypto and this has in turn attracted a lot of businesses for us.”
Caleb Yeoh issued a statement four months ago that revealed the plans to make the airport crypto friendly, saying:
“We are building a genuine use case for cryptocurrencies in the tourism industry.
“The application of digital currencies in this sector makes a lot of sense.
“Here at TravelbyBit we are promoting the Bitcoin travel movement.
“It’s simple, safe, and there are no bank fees.”