Fast Private Jet, a private company that offers charter jet flights, recently announced that it had accepted the largest payment to date cryptocurrency for a single flight in a private jet. The transaction was carried out through the cryptocurrency payment platform BitPay.
A cryptocurrency transaction for over half a million dollars
According to official reports Fast Private Jet, the company recently recorded the first such high payment made via cryptocurrency.
The transaction was worth over half a million dollars, and was carried out via the BitPay platform. It was associated with the intercontinental flight service with a private jet with the longest range of flights in the world. Fast Private Jet is a company that has been aiming at innovative solutions since its inception.
In recent months, the company has already accepted payments in such cryptocurrencies as Bitcoin, Bitcoin Cash, Ethereum or Ripple. The company seems to understand perfectly well that virtual currencies are more than just a financial investment tool. They are an alternative to traditional payment methods, no matter how much they are.
Crypto transactions worth $ 2 million
In all of last year, Fast Privete Jet made over $ 2 million in cryptocurrency transactions. An indirect reason for the return to this form of payment was certainly the outbreak of the COVID-19 pandemic, which resulted in the cancellation of most of both domestic and international flights.
For this reason, interest in private flights has grown rapidly. Business aviation has become increasingly important in the pandemic era, and cryptocurrencies are becoming an increasingly common payment method - also in this sector. According to the CEO of Fast Privete Jet, payment systems will become the key to efficient and fast business distribution channels. He also stressed that it is of great importance for the company to be ranked first internationally in terms of the number of transactions made using cryptocurrencies as a method of payment for private flights.