Brisbane Airport soon to accept Cryptocurrency.

In a surprising move, Brisbane Airport paired with TravelbyBit launched first digital currency airport terminal. The travelers arriving at Brisbane airport will soon get to experience an unprecedented digital currency airport experience. A Queensland based bitcoin payment start-up TravelbyBit has partnered with the airport to make it cryptocurrency friendly. The airport will implement the firm’s point-of-sale payments system across retail stores at the airport’s two terminals.

Motive

Digital currency payments keep the user’s personal identity private and eliminate third-party interference. Thus, allowing for very low transaction fees, exchange rates, and transfer time. By accepting cryptocurrency payments, Australia’s Brisbane airport has taken a positive step in the direction of a digital currency friendly environment. Along with Bitcoin, the airport will also accept Dash, Ethereum, and other digital currencies as said in its official announcement.

Roel Hellemons, Brisbane Airport Corporation (BAC) general manager of strategic planning and development said that: “Brisbane Airport Corporation (BAC) general manager of strategic planning and development.” He also said, “This is just the beginning for us as we hope to expand the digital currency option across the business, so watch this space.”

TravelbyBit

TravelbyBit is a Queensland based start-up. It is growing a network of merchants around Australia that accepts payment in cryptocurrencies by peer-to-peer transactions. 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, we are promoting the Bitcoin travel movement. To provide Digital currency for worldwide travel. It’s simple, safe and there are no bank fees.”

In conclusion, this is a very positive step to make Australia a better country in terms of Digital Currency. When various other countries’ governments are coming out against the use of Bitcoin, this news will surely be a pleasant surprise in the crypto market.

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