Travellers can now pay for goods and services with their cryptocurrency in Brisbane’s International Airport in a new partnership with TravelbyBit.
Anyone travelling to and from the third busiest airport in the country will be able to spend their Bitcoin, Dash, and Ethereum.
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.
The Youtube channel, Nugget’s News Australia, visited the airport when the new system was implemented. The host, Alex spoke in detail that Brisbane is the first international airport that’s entirely “crypto-friendly.”
TravelbyBit is doing far more work around Australia and is building a real value for crypto with the general population with their network of merchants. This includes luxury hotels as well as food and entertainment venues.
More than 20 merchants have been included in this crypto network along Brisbane’s Fortitude Valley which has been given as rebrand and named by locals as ‘Crypto Valley’
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 are no bank fees,” Mr. Yeo said.