Shiba Inu is crossing more borders as one of the popular European airlines adopts it as means of payment.
Despite the current market pains in terms of price, Shiba Inu (SHIB) seems to be doing very well in terms of adoption. Recent reports indicate that the crypto has scored a positive with Vueling, a popular low-cost airline that serves dozens of destinations in Europe, the Middle East, and North Africa. As of summer, 2022, the airline serves over 330 routes in the mentioned regions.
BitPay took to Twitter to announce the good news to the world. BitPay is a world-renown digital payments gateway that facilitates fast, secure and less costly cross-border payments with digital currencies.
. @vueling joins forces with #BitPay and UATP to accept cryptocurrencies as an alternative method of payment. Read more: https://t.co/65LXN0nhgG #crypto #cryptopayments #bitcoin pic.twitter.com/fB6aaDwhqs
— BitPay (@BitPay) June 16, 2022
According to the findings the airline ticket prices will be displayed in Euros and customers will be able to pay with 13 cryptocurrencies that Bitpay support including Shiba Inu.
According to the press release:
“Ticket prices will be displayed in Euros and customers will be able to pay for their flight from more than 100 wallets and choose between 13 different cryptocurrencies such as Bitcoin (BTC), Bitcoin Cash (BCH), Dogecoin (DOGE), Ethereum (ETH), Litecoin (LTC), Shiba Inu (SHIB) and Wrapped Bitcoin (WBTC).”
Crypto Payments Eliminate Fraud
Crypto payments have been known as the most secure means of settling payments. With SHIB, airline customers will be assured of secure payments that eliminate the chances of fraud or phishing incidents often associated with other payments, especially where fiat currencies are involved. As such, Shiba Inu will most likely gain more popularity among airline customers.
The deal between BitPay and Vueling to accept SHIB payments will involve a third party known as UATP, which is a global company used by most airlines for payment processing. The involvement of UATP will ensure a seamless crypto payment system for the airline.
SHIB Adoption Growing
This latest development points to a growing user base for Shiba Inu as well as an increase in its popularity. This is made even easier by the developer team that has been working to make Shiba Inu a utility token as opposed to its initial launch as a meme coin. So far, the coin seems to be making great strides towards this objective.
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Source: https://thecryptobasic.com/2022/06/16/vueling-partners-with-bitpay-to-become-the-first-european-budget-airline-to-accept-shiba-inu-payments/?utm_source=rss&utm_medium=rss&utm_campaign=vueling-partners-with-bitpay-to-become-the-first-european-budget-airline-to-accept-shiba-inu-payments