MSC NewsWire

Founded by Max Farndale 1947 - 2018
Thursday, 07 July 2022 15:50
  • Home
    • About Us
    • Pricing
    • Global Presswire
    • Industry Organisations
  • News Sectors
    • Headlines Through Today
    • Environmental Talk
    • Out of The Beehive
    • Primary Sector Talk
    • Reporters Desk
    • The MSC NewsReel
    • MSCNetwork
    • FinTech Talk
    • The FactoryFloor Newsreel
    • Trade Talk
    • News Talk
    • Industry Talk
    • Technology Talk
    • Blockchain
    • Highlighted
    • The TravelDesk
      • TravelMedia
      • Sporting Tours
      • Holidays Tours Events + More
      • Airfares
      • Travel Enquiry Form
      • TravelBits
    • Travel Updates
    • The MSC TravelDesk Newsreel
    • Travel Talk
    • Travel Time
    • The Bottom Line
    • Regional News
    • News to Run Advice Form
    • World News
    • NewsDIRECT
    • MSCVoxPops
    • Press Releases
  • National Press Club
  • Contact Us

Brisbane Airport partners with TravelbyBit to enable cryptocurrency payments

  • font size decrease font size decrease font size increase font size increase font size
  • Print
  • Email
Caleb Yeoh, CEO of TravelbyBit (left), said: “We are building a genuine use case for cryptocurrencies in the tourism industry.” Caleb Yeoh, CEO of TravelbyBit (left), said: “We are building a genuine use case for cryptocurrencies in the tourism industry.”

Feb 2, 2018  -  Passengers arriving at or departing from Brisbane Airport will soon be able to spend cryptocurrency in a number of stores and F&B outlets at the airport.  Brisbane Airport and a number of retailers have partnered with TravelbyBit to bring decentralised blockchain-enabled payments to the two terminals.

Travellers will be able to use TravelbyBit’s cryptocurrency payment system, which includes Bitcoin, Dash, Ethereum and other digital currencies, to dine and shop at stores such as Botanist, Spoon, Windmill & Co. and Forte Espresso, as well as AWPL stores including Australian Way, Merino Collection, Carry On, Dreamtime Journey and News Travels.

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 startup 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.”

TravelbyBit has already built a network of merchants throughout the city of Brisbane who take payments in digital currencies.

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…It’s simple, safe and there’s no bank fees.”

Source:  FTE   ||  February 2, 2018   |||

Published in Crypto Currency
Tagged under
  • crypto currency
  • travel updates
  • the msctraveldesk newsreel

Related items

  • Suspended NZ crypto 'coins' to be re-released early 2019
  • Brother-sister duo build crypto investment platform
  • This High Country Runs on Rails, Bells, and Festivals
  • Ever been to a Baseball match in the States?
  • Beware the Bikers of the Swiss Alps
More in this category: « 19-year-old bitcoin millionaire is travelling the world recruiting an A-team to build an alternative to the 'corrupt' world of cryptocurrency NEM Foundation Partners With BitPrime »
back to top
May 03, 2018

Tourists flocking to Peru’s newfound ‘Rainbow Mountain’

in TRAVEL
May 09, 2018

Heathrow passengers to gain access to chauffeur-driven electric cars

in TRAVEL
Jun 02, 2018

Emirates Skywards introduces enriched family programme to allow 100% pooling of Miles

in Airline Updates
May 15, 2018

Air NZ secret long-haul cabin revamp revealed

in Airline Updates
Jun 04, 2018

IATA, Deloitte Develop Airport Ownership and Regulation Guidance

in TRAVEL
May 16, 2018

Stand by for another low-cost carrier in Asia

in Airline Updates
May 02, 2018

China Eastern Airlines launches new 'Toy Story' plane to take you to infinity and beyond

in Airline Updates
May 25, 2018

Qatar Airways begins service to second London gateway

in Airline Updates

MSC NewsWire is a gathering place for information on the productive sector in New Zealand focusing on Manufacturing, Productive Engineering and Process Manufacturing

  • Home
  • Global Presswire
  • Industry Organisations
  • National Press Club
  • Disclaimer
  • About Us
  • Pricing
  • Sitemap
Copyright © 2022 MSC NewsWire. All Rights Reserved.
Site Built & Hosted by iSystems Limited
Top
Environmental Talk