Over a decade ago, a new kind of asset known as cryptocurrency sprang up on the market seeing a huge rise in both invested capital and investor confidence. Fly Cozumel is proud to announce that from now on we’ll be accepting crypto currency payments making us the first airline in (South East) Mexico to do so.
Cryptocurrency as an asset has burgeoned into many options. This includes digital currency like Ethereum and stable coins pegged to the US dollar or other currencies. For the last 2 years, cryptocurrencies have become functional as a money transfer tool for any of the world transactions.
Cryptocurrency payments allow businesses to accept transactions from customers in exchange for goods or services. These systems trust in their own security system due to the nature of blockchain-based cryptocurrencies.
Why do we accept crypto currency payments?
Bitcoin, Ethereum, Dogecoin among other are never far from the headlines these days. If it’s not news that the value of Bitcoin has reached a record high of $60,000 usd for the first time, it’s news that Tesla founder Elon Musk is investing in it or seeing Dogecoin climbing 14,000% between January and early May. The value of Bitcoin dropped again when Tesla announced to be concerned about rapidly increasing use of fossil fuels for Bitcoin mining and transactions.
There are thousands of coins available to investors today. While buying and selling cryptos is becoming increasingly mainstream, the opportunities to spend virtual currencies are somewhat limited in comparison due to its volatility.
There are, however, a growing number of companies across the world; from big tech to small businesses – who are embracing cryptocurrencies, allowing customers to use them as an official method of payment for their goods and services.
What kind of cryptocurrencies are we accepting?
We will accept Bitcoin (BTC), Ethereum (ETH) through Bitpay and in near future several other cryptocurrencies. Fly Cozumel decision to accept cryptocurrency demonstrates the growing demand for flexible and easy-to-use payment options.
Fly Cozumel CEO, Leo Waltman:
“At Fly Cozumel we like to be one step ahead to satisfy the diverse needs of travelers around the world. We are keen to adapt to people’s needs so they can continue visiting the Riviera Maya”
“Understanding this growing demand for optionality and convenience, Fly Cozumel always wants to go further” CEO Leo Waltman states. “We are focused on leveraging technology to take flexibility to the next level. You can now find the digital portfolio of the Fly Cozumel at flycozumel.com