Its reputation may be tarnished in the financial and investment worlds, but cryptocurrency remains well-suited for charter transactions, according to a legion of boosters, as the digital coins’ quick, low-fee transfers and blockchain traceability make it ideal for such payments.
Many of these advocates note that despite charter’s “ready when you are” ethos, airplanes don’t move until operators get paid. And crypto transactions can be the best solution for transferring tens or hundreds of thousands of dollars after banking hours or avoiding high bank transfer or credit card fees.
The demand is reportedly driven by a younger, crypto-savvy clientele and facilitated by payment processors that support the transactions.
“A growing number of individuals are holding cryptocurrencies and are willing to spend it, and they are ignored by many [charter] companies,” said Simona Moosar, business development manager at Ecommpay, a European e-payment processor that handles such payments for some...
Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.
INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...