Brisbane Airport Partners with TravelbyBit to Accept Cryptocurrency Payments

Jan 25, 2018 at 11:11

Brisbane Airport has forged a partnership with TravelbyBit to launch world’s first digital currency airport terminal.

In a statement on its website, Brisbane Airport said the partnership reinforces its goal to promote community projects, support local businesses, improve the passenger experience, and become a leader in the airport digital innovation space.

Under the arrangement, TravelbyBit will bring decentralised blockchain enabled payments into the airport’s terminal shopping such as Bitcoin, Dash, Ethereum and other digital currencies.

Travellers can use these digital currencies in terminal shopping and dining at 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.

“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,” said Roel Hellemons, Brisbane Airport Corporation (BAC) General Manager Strategic Planning and Development.

“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,” he added.

Meanwhile, TravelbyBit said Brisbane Airport is only the starting point for digital currency travellers as it promotes Bitcoin travel movement.

“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,” TravelbyBit CEO Caleb Yeoh said.

The company has built a network of merchants that accept cryptocurrencies throughout Brisbane, currently standing at 20.