Travellers will soon be able to use TravelbyBit’s cryptocurrency payment system to pay using Bitcoin at Brisbane Airport’s restaurants, shops, and stores. Other digital currencies including, Dash and Ethereum will also be accepted.
The list of Brisbane Airport outlets that will accept Bitcoin includes, 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.
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.
According to TravelbyBit, the ability to pay with Bitcoin at Brisbane Airport is only the starting point for digital currency travellers.
The Australian start-up 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.
Caleb Yeoh, CEO of TravelbyBit, said, “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.
“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 worldwide travel. It’s simple, safe and there’s no bank fees,” Mr Yeoh said.
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.”
TravelbyBit, along with Brisbane Airport management, will conduct final network testing in the next few weeks and the crypto payments systems is expected to be live during May.
(Pic: Caleb Yeoh, CEO of TravelbyBit (left) at the Brisbane Airport)
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