Home News Subsidiary of Mexican airline Volaris accepts Bitcoin payments

Subsidiary of Mexican airline Volaris accepts Bitcoin payments

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Volaris El Salvador, a local subsidiary of the discount Mexican airline Volaris, will take Bitcoin as payment as a result of El Salvador‘s widespread Bitcoin (BTC) acceptance.

The Bitcoin move comes a month after Volaris’ local affiliate was granted authorization. In order to operate in El Salvador by Salvadoran aviation authorities.

Salvadoran President Niyab Bukele announced the airline’s acceptance of Bitcoin through Twitter.

The option to pay using Bitcoin and the state-run Chivo wallet “allows us to extend the availability of flights for Salvadorans”, President Bukele said during a recent Volaris event on Twitter.

The administration of Bukele continues to encourage residents to utilise Bitcoin as a form of payment, including providing gasoline subsidies. The nation has previously re-invested $4 million in unrealized Bitcoin earnings to help support infrastructure projects including a veterinary facility.

El Salvadorran President

Venezuelan airport authorities are considering accepting BTC and other cryptos

Authorities at a Venezuelan airport are planning to accept Bitcoin and other cryptos as methods of payment for tickets and other services, following in the footsteps of El Salvador.

Simón Bolivar International Airport, on the other hand, intends to permit crypto payments as a way to comply with local industry norms. In collaboration with the National Superintendence of Crypto Assets and Related Activities.

The airport will take Bitcoin, Dash (DASH). As well as the Petro, a government-issued oil-backed cryptocurrency, according to Freddy Borges, the airport director. “We must develop in these new economic and technical systems. In order to be accessible”, Borges added, signalling a determination to push bitcoin acceptance.

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