Subscription-based private charter company Surf Air has started accepting payments in cryptocurrencies Bitcoin and Ethereum. The move marks the first time a travel provider has accepted the form of payment.
Effective from November 29, 2017, customers can use the currency to purchase Surf Air’s monthly membership offering. One Bitcoin can currently purchase five months of Surf Air basic membership. At the current exchange rate, prices for yearly membership tiers range from 7.3 Bitcoin or 156.2784 Ethereum for unlimited global membership – meaning unlimited flights – to 3.04 Bitcoin or 65.08032 Ethereum for unlimited California or Texas travel.
Sudhin Shahani, chairman and CEO of Surf Air, said, “Surf Air was built on the idea of disrupting and changing the way the world sources, purchases and accesses air travel, so it only makes sense that we would also be on the cutting edge of accepting disruptive and progressive forms of payment such as Bitcoin and Ethereum.
“Similarly, Bitcoin users are a tremendously motivated community of early adopters. By creating connective tissue between these forward-thinking business models, I believe we’re molding the future for consumer-first, experience-driven commerce.
“We are focused on staying on the edge of technology as a way to provide the most progressive, secure and efficient air travel in the world. Digital currency has been on our radar from the very beginning and we are excited to provide our members with another quick and seamless way to do business with Surf Air.”