Bitcoin payments for TAR Airlines, a regional Airline from Mexico, is now enabled thanks to Openpay. TAR Airlines is the first merchant to accept bitcoin payments through Openpay’s platform and the first airline from Latin America to accept bitcoin.
Openpay has integrated with BitPay, the world’s largest bitcoin payment processor, to enable customers to accept bitcoin payments.
TAR Airlines took this initiative because they wanted to create value for their clients and stimulate the economic and tourist activity of Mexico. Bitcoin is a universal currency, so the payment method could be appealing for international travelers who want to avoid currency exchanges. Accepting bitcoin will help the airline accept international payments with no friction, as all bitcoin transactions, mitigate fraud risk, reduce chargebacks, and reach new customers.
Openpay is a payment platform that allows fast and simple ways to accept payments on your website or app. Our service supports different business models such as marketplaces, online stores, payments for subscriptions, mobile applications, third-party deposits, crowd funding and others.
BitPay is the global leader in bitcoin payment processing with offices throughout North America, Europe, and South America. The company has raised over $32 million from top investors including Index Ventures, Founders Fund, and Sir Richard Branson.
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