Switzerland-based, Vertis Aviation, is embracing the opportunities presented by burgeoning digital currencies to streamline the customer payment and stakeholder experience.
Through a new alliance established with London, UK-based digital asset trader GlobalBlock, Vertis is now accepting four digital currencies — Bitcoin, Tether, Ethereum and USDC.
Fees related to any of its product portfolio including charter flights, Vertis Charter Management Programme administration, and aviation consultancy services can now be settled using one of the designated digital currencies.
Vertis accepted payment for its first cryptocurrency invoice on completion of a charter in mid-March when a customer traveling within the United States settled the balance with leading digital currency Bitcoin.
“Vertis prides itself on delivering a highly personalized offering to its customers, while embracing the benefits of technology to enhance the service experience. We anticipate that digital currencies will play a significant role in an increasing number of transactions going forward and it is our intention to support the introduction of this relatively new payment method to the industry,” said James Foster, COO, Vertis Aviation.
David Thomas, director at GlobalBlock said, “Like Vertis, GlobalBlock is proud of the personalized service we offer our clients, and this shared vision will provide Vertis customers with a streamlined digital currency experience. With over 191 million crypto accounts globally, more and more companies are looking for a way to facilitate payment in digital assets. We anticipate our alliance will support the business aviation sector’s recognition of cryptocurrency as a convenient, simple, secure and cost effective way to capitalise on the expected market growth. We are excited by the possibilities of working with Vertis and the business aviation community.”
Foster said, “Our customers have been indicating their interest in using digital wallets to pay for our services for some time. Working with an organisation that shares our core values in providing a personalised service in an otherwise digital space is essential.We are already gaining traction having made this strategic move and anticipate an increasing number of clients will take advantage of this payment option.”