Tourists Could Purchase Airline Tickets With Crypto in Venezuela

 In the near future, travelers will be able purchase tickets to Venezuela with crypto. Freddy Borges (Director of Maiquetia International Airport) stated that the institution was working to include cryptocurrency such as bitcoin and dash as supported currencies in its payment system.

Venezuela to Pay Airport to Receive Crypto

It is possible that Venezuela will soon adopt cryptocurrency to pay for its airline tickets. Freddy Borges is the Maiquetia International Airport’s director. He stated that the airport is adapting its payment system in order to accept cryptocurrencies for payment of airline tickets. Borges said that this is how it works:

“We will activate a button for cryptocurrency payments in the airport platforms and commercial activities, in coordination with Sunacrip.”

The officer listed bitcoin, dash and the national oil price as cryptocurrencies that could be supported. Borges stressed the importance of these payment options to make it easier for tourists to purchase goods and services in the country. Borges stated that the airport should make progress in the development of these new tools for tourists.

Sunacrip will regulate the use of these cryptocurrencies for payment methods. Maiquetia International Airport, which receives passengers from 17 international destinations, is one of the largest civil airports in the country.

Discussed Before

It is not the first time that cryptocurrency has been mentioned as a payment method for airline tickets in Venezuela. Conviasa, a national airline, announced that it would begin selling tickets in Petros in 2019. Joselit Ramirez (the national cryptocurrency superintendent) stated that these operations would be confirmed in under two minutes.

Turpial Airlines announced that it would accept bitcoin payments for tickets in August. This small airline operates three Boeing aircraft and was the first to support cryptocurrency payments.

This announcement is a result of Nicolas Maduro’s January declaration, in which he stated that this year would see the “revival of all cryptocurrency systems.” But inflation and devaluation are not over. To facilitate payments, the Venezuelan government renumbed the fiat currency on October 1. It slashed six zeros.