Budget carrier Peach Aviation will soon be offering a new way for travelers to pay with Bitcoin.
Currently, Peach Aviation is the only air carrier in Japan that will be accepting Bitcoin payments, in the hopes of appealing to tourists from other parts of Asia, particularly China, Japan and the Philippines. The new payment method will be available later this year to those who choose to fly with the low-cost carrier.
Japan recently recognized Bitcoin as a legal payment method, which means that there is the potential for many other companies to offer similar payment solutions. As a universal currency, Bitcoin has specific appeal to travelers and companies that operate within the travel, tourism and hospitality industries.