Apparently, Volaris El Salvador, plans to accept Bitcoin as a payment method.
Volaris El Salvador is “a low-cost airline based in San Salvador.” It is a recent subsidiary of Mexican airline Volaris, as well as “a local flag carrier for El Salvador.”
According to a Reuters report published on October 19, this news was announced by Salvadoran President Nayib Bukele, who said at a Volaris event on October 19:
“This allows us to increase the offering of flights for Salvadorans, in addition to being the first airline in the world to accept bitcoin and of course Chivo wallet.“
Here is President Bukle’s tweet about this story:
The Reuters report went on to say that some other carriers, such as Mexico’s TAR Airlines (in 2015), have previously said that they would accept $BTC.
In addition to Volaris, the country has also announced fuel subsidies as an additional measure to spur Salvadorans to adopt the Chivo digital wallet and the use of Bitcoin.
Per a Cointelegraph report published on October 20, a Venezuelan airport intends to follow in the footsteps of El Salvador and Volaris by accepting Bitcoin and other cryptoassets as payment for tickets and services. The airport, listed as Simón Bolívar International Airport, has partnered with the National Superintendence of Crypto Assets and Related Activities in Venezuela to offer crypto payments in compliance with local industry standards.
The airport’s director, Freddy Borges, says the facility will begin accepting Bitcoin, Dash and the Petro, a government-issued token backed by oil:
We must advance in these new economic and technological systems to be accessible.
Disclaimer
The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, or other advice. Investing in or trading cryptoassets comes with a risk of financial loss.
Image Credit
Featured Image by Eivind Pedersen via Pixabay
