Spanish telecom operator Vueling will accept cryptocurrency payments from the second half of 2023 under an agreement with cryptocurrency buying and selling platform Criptan, the two companies have announced.
The partnership will allow airlines that are part of the IAG Group to integrate NFT technology and become the first low-cost airline in Europe to accept cryptocurrencies.
Air Baltic became the first airline in the world to accept Bitcoin in 2014, followed by LOT Polish Airlines in 2015.
Vueling said it will use UATP, a global network for air, rail and travel agency payments, to “guarantee service”.
“This agreement allows us to stay at the forefront of new technologies and innovations, further strengthen our commitment to our customers, and provide the best and most advanced tools and solutions on our website.
As part of the deal, the two companies are now researching strategic applications of blockchain technology and NFTs to “provide innovative solutions to customers and improve user experience through digital tools.”
Acceptance of cryptocurrencies as payment for travel remains a hotly debated issue. A few suppliers and TMC have integrated crypto payment options, but they have not been widely adopted.
BTN Europe surveyed different attitudes towards cryptocurrencies in travel as part of its recent Smart Money feature.