A payment network owned by major international airlines such as American Airways, British Airways and Lufthansa, has Joined hands with bitcoin payment processor called Bitnet.
Over 260,The integration allows of UATP’s airlines to accept bitcoin through Bitnet, starting today. UATP is credited with issuing the first-ever charge card,Introduced in 1936. As of 2014, the company processes around $14bn in payments from corporate customers, travel agents and retail consumers.
Additional UATP merchants include JetBlue, Qantas, US Airways and United Airlines.
vice president of solutions Akif Khan strategy at Bitnet, said he expects the airline’s clients to enable the payment method given the high cost of credit card processing... More on
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