Brisbane Airport in Australia announced they will be accepting cryptocurrency payments in the terminal shops.
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In partnership with a number of terminal retailers, the airport is combining its community vision with innovation by working with TravelbyBit to bring decentralised blockchain enabled payments into its terminal shopping.
Travelers will soon be able to use TravelbyBit’s cryptocurrency payment system, including Bitcoin, Dash, Ethereum and other digital currencies, to dine and shop at stores such as Botanist, Spoon, Windmill & Co., and Forte Espresso, as well as nine awpl stores including Australian Way, Merino Collection, Carry On, Dreamtime Journey and multiple News Travels across both terminals.
Digital currency payments keep the user’s personal identity private and eliminate third-party interference, allowing for very low transaction fees, exchange rates, and transfer time.
The partnership reinforces Brisbane Airport’s aim to promote community projects, support local businesses, improve the passenger experience, and become a leader in the airport digital innovation space.
Roel Hellemons, Brisbane Airport Corporation (BAC) General Manager Strategic Planning and Development, said, “Many people around the world have made money investing in cryptocurrencies and a lot of these people travel internationally, so it makes sense to offer a digital currency experience within our terminals.
“We’re also proud to be the first airport in the world to achieve this in partnership with a small local start-up business such as TravelbyBit, whose pioneering thinking is drawing attention to Brisbane as a serious breeding ground of innovative thinking. This is just the beginning for us as we hope to expand the digital currency option across the business, so watch this space,” Mr Hellemons said.
Brisbane Airport is only the starting point for digital currency travelers. TravelbyBit has built a network of merchants throughout Brisbane who take payments in digital currencies. From airport transport to luxury hotel accommodation and food and entertainment venue in Brisbane’s Fortitude Valley which has been rebranded by locals as ‘Crypto Valley’. More than 20 merchants in the area now take digital currency payments.
“We are building a genuine use case for cryptocurrencies in the tourism industry. The application of digital currencies in this sector makes a lot of sense,” Caleb Yeoh, CEO of TravelbyBit, said.
“Whenever you travel overseas you have to deal with multiple currencies and you never know what exchange rates the banks are charging you. Here at TravelbyBit we are promoting the Bitcoin travel movement. Digital currency for world-wide travel. It’s simple, safe and there’s no bank fees.”
Costa Kouros, awpl Managing Director, said, “awpl is a proud partner of Brisbane Airport and a strong supporter of the innovation in customer experience driven by BAC. We are excited to be a launch merchant in the world’s first digital currency friendly airport.”