November 26, 2022

Venezuela’s International Airport to Reportedly Accept Bitcoin Payments for Flight Tickets

2 min read

Simón Bolivar International Airport, also referred to as Maiquetía, plans to allow customers to purchase airline tickets using digital possessions. according to a current report.

Bitcoin Could Take You in The Air

Local news media reported just recently that Maiquetía International Airport might soon get on the cryptocurrency bandwagon by allowing customers to spend for tickets and other services in Bitcoin, Dash, and Petro – – a digital possession provided by the Venezuelan government. Freddy Borges – – Director of the airport – – kept in mind that Sunacrip – – the nation’s cryptocurrency watchdog – will collaborate the initiative:

“We will activate a button that is for payment of cryptocurrencies in the airport platforms and business activities, in coordination with Sunacrip.”

Just recently, Russian and European tourists have actually been flying into some of the touristic hotspots of Venezuela. Borges opined that after the initiative, tourists would have the ability to check out more parts of the South American nation and thus bolster its economy. It would likewise increase the global standards of Maiquetía Airport:

“Just as Russian passengers arrived in Margarita, they will likewise come to La Guaira, through Conviasa so we must advance in these brand-new economic and technological systems that can be accessed.”

Freddy Borges

Freddy Borges, Source: Maiquetía International Airport is the largest airport in Venezuela and the primary entrance to the nation. Located northwest of the capital Caracas, it manages both domestic and global flights.

Crypto Adoption in Venezuela

The dictatorship nation versus the decentralized nature of digital properties. In the beginning glimpse, it seems like these 2 would not be a fantastic match, but somewhat surprisingly, it is not the case in Venezuela.

The monetary struggles of the nation, such as run-away inflation and hardship, have resulted in an increasing love for bitcoin and other digital possessions among the regional population. As such, it is not surprising that the Latin American country is one of the leaders in terms of cryptocurrency adoption.

In 2015, Burger King Venezuela allowed customers from Caracas to settle their expenses with a few of the most popular cryptocurrencies, such as Bitcoin, Litecoin, Ethereum, Binance Coin, Dash, and Tether.

A couple of months later, another popular food chain – – Pizza Hut – allowed clients to pay in the following digital asset: Bitcoin, Ethereum, Dash, Litecoin, Binance Coin, and more. The deal became available in all Pizza Hut locations in Caracas, Maracay, Maracaibo, and Barquisimeto.