Brisbane Airport stores to accept cryptocurrency payments

Brisbane Airport stores to accept cryptocurrency payments

Jet-setters waiting for their flights at Australia's Brisbane Airport will soon be able to pay for their duty free with cryptocurrencies.

The airport has teamed up with TravelbyBit and several retailers based in its terminals - including Botanist, Spoon and Australian Way - to let people pay with Bitcoin, Dash, Ethereum and other cryptocurrencies.

The airport's operator, BNE, claims that a lack of third party interference means that the likes of Bitcoin offer "very low transaction fees, exchange rates, and transfer time".

Earlier this week payment processor Stripe said it is pulling support for Bitcoin payments, because crazy price fluctuations and higher fees render the cryptocurrency unusable as a form of payment.

Roel Hellemons, GM, strategic planning and development, Brisbane Airport Corporation, says: "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."

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