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Home News Bitcoin News

Volaris El Salvador now accepts Bitcoin payment

Joy Dahunsi by Joy Dahunsi
1 year ago
in Bitcoin News
Reading Time: 2 mins read
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Volaris El Salvador, a local subsidiary of budget Mexican airline Volaris, will now take Bitcoin payment as a result of El Salvador’s widespread Bitcoin (BTC) adoption.
Volaris El Salvador now accepts Bitcoin payment

The Bitcoin move comes a month after Volaris’ local subsidiary was granted a license to operate in the nation by Salvadoran aviation authorities.

Salvadoran President Nayib Bukele announced the airline’s acceptance of Bitcoin on Twitter.

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

The government of Bukele continues to encourage inhabitants to use Bitcoin for payments, including offering gasoline subsidies.

The country had previously spent $4 million in unrealized Bitcoin earnings to help fund infrastructure projects including a veterinary facility.

Authorities at a Venezuelan airport aim to start taking Bitcoin and other cryptocurrencies as payment for tickets and other services, following in the footsteps of El Salvador.

Simón Bolvar International Airport, in collaboration with the National Superintendence of Crypto Assets and Related Activities, aims to permit crypto payments as a way to meet local industry standards, according to Cointelegraph.

The airport will take Bitcoin, Dash, and the Petro, a government-issued oil-backed token, according to airport director Freddy Borges.

“We must advance in these new economic and technological systems to be accessible,” Borges added, signalling a commitment to drive bitcoin acceptance.

Tags: AirlineBitcoin paymentEl SalvadorVolaris

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