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Vueling Partners With BitPay To Become The First European Budget Airline To Accept Shiba Inu Payments

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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.

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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Disclaimer

The content is for informational purposes only and may include the author’s personal opinion, and does not necessarily reflect the opinion of TheCryptoBasic. All Financial investments, including crypto, carry significant risk, so always do your complete research before investing. Never invest money you cannot afford to lose; the author or the publication does not hold any responsibility for your financial loss or gains.

Albert
Albert Brownhttps://thecryptobasic.com/
Albert Brown is a cryptocurrency investor and journalist who has been in the nascent space since 2017. His love and passion for technological innovations made him delve deeper into the world of blockchain and cryptocurrencies. As a journalist, Brown has written on several crypto-related topics that have been referenced by popular industry players like Tyler Winklevoss, Binance CZ, etc.

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