Taiwanese airline will accept payments in bitcoin

Taiwanese airline FAT Taiwan Inc. On February 28, it announced that customers would be able to pay with bitcoin for tickets and other travel services. Airline President Zhang Gangwei believes that the widespread use of cryptocurrency will open up a new future for airlines, the hotel industry and the entire tourism sector.

FAT Airlines, established in 1957, was the most popular airline on Taiwanese domestic routes. Now it will be able to attract the attention of the growing number of bitcoin users across Asia to its international routes to Japan, South Korea, Malaysia, the Philippines, Indonesia, Thailand, Vietnam and Cambodia.

Back in October last year, the chairman of the Taiwan Central Bank, Pern Fainan, said that it was necessary to provide for the receipt of permits for cryptocurrency trading under the law on the prevention of money laundering and thus legalize it.

This solution will give FAT airlines the opportunity to provide its customers with the most convenient payment options and advertise the company's brand using innovative technologies.

However, FAT is not the only airline that accepts payments in cryptocurrency. In 2014, the first airline in the world to accept cryptocurrency was AirBaltic. Other companies followed suit, namely the Polish airline LOT, and the Japanese airlines Peach and Surf Air. In addition, to pay for tickets in cryptocurrency, you can use the services of intermediaries, namely CheapAir.com, Expedia and Universal Air Travel Plan, which sell tickets for flights from more than 260 carriers.

According to http://bitcoinist.com