Wednesday, 26 February 2020

Houston-based private jet company is accepting Bitcoin, Ethereum

Houston-based TapJets, which allows customers to instantly book a private jet with their smartphone, is accepting payment in Bitcoin and Ethereum.
The company began accepting Bitcoin in July 2017, and the number of flights booked using that cryptocurrency tripled month over month. The company announced Tuesday that it's now accepting Ethereum, another type of cryptocurrency.

"The instant nature of cryptocurrency transactions removes the time barrier of traditional bank wire or credit card payments for large ticket purchases such as private jet travel, which now makes the customer experience even more convenient and seamless," Eugene Kesselman, founder and CEO of TapJets, said in the news release.

TapJets allows travelers to instantly book a private jet. It provides door-to-door service, including transportation to the airport, the private flight and then a second vehicle to get travelers to their end destination.

And if a private jet needs to fly somewhere to pick up its customers, TapJets allows people to bid in an auction to ride that repositioning flight. This could provide cheaper transportation for the traveler and assures the jet doesn't fly empty.

According to its website, TapJets customers pay only for the time they fly, and they pay less than what's traditionally charged by air charter companies.

"If you are looking to fly private, you should not be expected to fill out wire transfer forms, send credit card information, or sign contracts on paper," Kesselman said in the news release. "These are antiquated methods that have no place in the luxury travel segment."

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