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IAG's Airline Vueling Partners BitPay To Offer Crypto Payment Option

RTTNews | 1548 days ago

IAG's Airline Vueling Partners BitPay To Offer Crypto Payment Option

(RTTNews) - Spanish airline Vueling, a part of IAG, has partnered Bitcoin payment processor BitPay to allow the airline's customers to make payments through this digital means of exchange. Vueling will become the first low-cost airline in Europe to accept cryptocurrencies as a payment method.

This service will be available at the beginning of 2023 at www.vueling.com, and for individuals only. To offer this service, the airline will use UATP's technology, the global payment network for the airline industry, which allows a fast integration process.

Ticket prices will be displayed in Euros and customers will be able to pay for their flight from more than 100 wallets and choose between 13 different cryptocurrencies such as Bitcoin (BTC), Bitcoin Cash (BCH), Dogecoin (DOGE), Ethereum (ETH), Litecoin (LTC), Shiba Inu (SHIB) and Wrapped Bitcoin (WBTC).

The airline added that paying with cryptocurrencies is a push transaction, meaning the user sends the exact amount, rather than a withdrawal like traditional credit or debit cards, eliminating transaction fraud and phishing.

Tags: BAIRY.PK BAY.L IAG.L

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Canadian Dollar Falls As Oil Prices Edge Lower

Canadian Dollar Falls As Oil Prices Edge Lower

The Canadian dollar weakened against other major currencies in the European session on Friday, as the crude oil prices traded lower amid escalating U.S.-Iran tensions and concerns over prolonged disruption to global energy supplies.

RTTNews | 2 minutes ago

Kroger Q2 Profit Rises, Backs FY26 Adj. Earnings View, Cuts Sales Growth Forecast; Stock Drops

Kroger Q2 Profit Rises, Backs FY26 Adj. Earnings View, Cuts Sales Growth Forecast; Stock Drops

Supermarket chain Kroger Co. reported Friday higher profit and sales in its second quarter, while Identical Sales growth was slower than the prior year. Further, the firm maintained adjusted earnings outlook for fiscal 2026, but trimmed growth view for identical sales without fuel. In the pre-market activity on the NYSE, the shares were losing around 2.62 percent.

RTTNews | 34 minutes ago

UK Stocks Rise On GDP Growth, Oil Price Decline

UK Stocks Rise On GDP Growth, Oil Price Decline

UK stocks advanced Friday as July GDP growth of 0.4% beat expectations and oil prices tumbled following downward IEA demand revisions. The FTSE 100 reached 10,674.52, up 0.61% despite ongoing US-Iran concerns.

RTTNews | 47 minutes ago

French Stocks Rise On Oil Price Drop, Middle East Concerns Persist

French Stocks Rise On Oil Price Drop, Middle East Concerns Persist

French equities recovered Friday with the CAC 40 rising to 8,167.27 points after the IEA lowered its global oil demand forecast. Brent crude futures declined 3.5% to $104.00 a barrel.

RTTNews | 1h 16min ago

Indian Shares End Off Day's Lows As Oil Prices Ease

Indian Shares End Off Day's Lows As Oil Prices Ease

Indian shares ended Friday's session lower as Middle East tensions persisted, and investors awaited key U.S. CPI data later in the day for additional clues on the Federal Reserve's rate trajectory.

RTTNews | 1h 44min ago

German Stocks Move Modestly Higher As Oil Prices Fall Sharply

German Stocks Move Modestly Higher As Oil Prices Fall Sharply

German stocks moved higher on Friday, recovering from losses posted in the previous two sessions, as oil prices fell sharply following the International Energy Agency (IEA) revising downward its world oil demand forecast for the year.

RTTNews | 1h 59min ago

Gold Edges Higher As Oil Prices Ease After Recent Surge

Gold Edges Higher As Oil Prices Ease After Recent Surge

Gold edged higher on Friday as oil prices slipped from recent highs and investors awaited key U.S. CPI data later in the day for additional clues on the Federal Reserve's rate trajectory.

RTTNews | 2h 14min ago

Oil Prices Edge Lower As IEA Further Cuts Oil Demand Forecast

Oil Prices Edge Lower As IEA Further Cuts Oil Demand Forecast

Oil prices traded lower on Friday but headed for a sharp weekly gain amid escalating U.S.-Iran tensions and concerns over prolonged disruption to global energy supplies.

RTTNews | 2h 32min ago

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