Webjet has become the first Australian online travel agency to offer bitcoin as a payment method.
Paul Ryan, CEO of Webjet Exclusives, said:
"In this particular case we are excited to extend this payment option to the community of bitcoin users that have relatively limited choice in terms of online retailers in the Australian market", he added.
A spokesperson for the Webjet Limited Group also confirmed that, if the scheme is successful, the firm could potentially expand the bitcoin option to other products, including flights, accommodation and travel insurance.
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.