airBaltic Receives 44% More Bookings Paid with Crypto Currencies

posted on 9th November 2021 by Eddie Saunders
airBaltic Receives 44% More Bookings Paid with Crypto Currencies

During the third quarter of 2021, the number of airBaltic bookings paid with crypto currencies increased by 44% compared to the same period last year.

Since 2014, more than 1,000 clients have used the service.

In 2014, airBaltic became the world’s first airline to accept Bitcoin payments for its flight tickets.

Since 2021, in cooperation with service provider BitPay, airBaltic accepts also other cryptocurrencies like Bitcoin Cash, Ether and Dogecoin among others for bookings made on its website.

The ticket prices on the website are displayed in euros. When airBaltic customers pay for their flight, their crypto currencies are converted into euros automatically at the current exchange rate by the payment system operator BitPay. airBaltic does not receive payments in crypto currencies.

Availability of payments in other cryptocurrencies are subject to the cryptocurrency wallet the customer uses.

airBaltic accepts Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Dogecoin (DOGE) and 4 USD-pegged stablecoins (GUSD, USDC, PAX, and BUSD) as a payment for tickets sold on its website

The crypto currency payment option is available when purchasing airBaltic GREEN tickets. Payments are free of airBaltic transaction fee and are available for flights booked at least five days ahead of the scheduled departure.