Vueling, a Spanish low-cost airline, has announced its plans to incorporate the use of blockchain technology, NFT (non-fungible token), and cryptocurrency acceptance as a payment option. The company has partnered with Criptan, a Spanish exchange house registered with the Bank of Spain for processing and completing payments via crypto. Vueling aims to make this service available to customers in the third quarter of 2023.
According to Jesús Monzo, Vueling’s director of alliances and distribution, the agreement puts the company at the forefront of new technologies and innovation. Likewise, Jorge Soriano, CEO of Criptan, believes that the use of crypto payments can improve customer experience and demonstrate the potential of the solution.
The airline is not the first to explore the use of NFTs and cryptocurrencies in their operations. In September 2022, Flybondi, an Argentinean airline, announced that they would be issuing flight tickets using NFTs and would be accepting stablecoins such as USDC as payment, in association with Binance Pay, a payment processing partner. The Venezuelan government also plans to accept cryptocurrencies for plane tickets beginning in October 2021, which includes the national token, the Petro.
What do you think about Vueling’s move to accept cryptocurrency payments by 2023? Let us know in the comment section below.
Sergio Goschenko
Sergio is a cryptocurrency journalist from Venezuela. With a background in computer engineering, he entered the cryptosphere during the price surge in December of 2017. He has a unique perspective on the rise of cryptocurrencies and the ways it impacts the underbanked.
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