The airport is currently involved in enabling cryptocurrency payments to function in accordance with local industry standards. Credit: Wilfredor / Wikimedia.

Venezuela’s Simón Bolívar International Airport (CCS), also known as Maiquetia, is reportedly planning to introduce a payment process in cryptocurrencies.

Regional news agency El Siglo reported that the airport is currently working on adapting its payment systems to accept cryptocurrencies such as dash, bitcoin and the national oil-pegged digital currency petro.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

The digital assets can be used to purchase flight tickets and other airport-related services.

The airport’s administration will partner with Venezuelan cryptocurrency watchdog National Superintendence of Crypto Assets and Related Activities (Sunacrip) to launch the payment options.

Maiquetia airport director Freddy Borges was quoted by the news agency as saying: “We must advance in these new economic and technological systems to be accessible.”

“We will activate a button for cryptocurrency payments in the airport platforms and commercial activities in coordination with Sunacrip.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Borges noted that the debut of crypto payments at the airport would support the company’s goal to promote the adoption of digital currency.

The new crypto payment options are also expected to benefit foreign tourists.

In recent years, many airports and airlines globally have been exploring ways to introduce crypto payments, along with blockchain-based functionalities.

In March, Latvian airline airBaltic started allowing passengers to use Ether (ETH) and Dogecoin (DOGE) as payments for flight tickets.

It introduced bitcoin payments in 2014.