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

RTTNews | 982 dias atrás
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.

read more
TSX Ends Sharply Lower On Mixed Economic Data, Weak Commodities

TSX Ends Sharply Lower On Mixed Economic Data, Weak Commodities

The Canadian market ended sharply lower on Friday due to heavy selling in technology, materials and energy sectors. Consumer discretionary and financials stocks too reeled under pressure, albeit to a less pronounced extent.
RTTNews | 23 h 11 min atrás
Dollar Rises, Gains Against Major Counterparts

Dollar Rises, Gains Against Major Counterparts

The U.S. dollar climbed higher on Friday, scoring gains over most of its major counterparts, after weak consumer sentiment data prompted investors to shun riskier assets such as equities.
RTTNews | 23 h 39 min atrás
Swiss Market Ends On Buoyant Note

Swiss Market Ends On Buoyant Note

The Switzerland market started off on a flat note on Friday, but gained in strength as the day progressed with stocks from across several sectors finding good support.
RTTNews | 1 dia atrás
U.S. Dollar Higher Amid Risk Aversion

U.S. Dollar Higher Amid Risk Aversion

The U.S. dollar advanced against its major counterparts in the New York session on Friday amid risk aversion, as U.S. stocks pulled back after weak consumer sentiment data.
RTTNews | 1 dia atrás
Major European Markets Close On Mixed Note

Major European Markets Close On Mixed Note

European stocks closed on a mixed note on Friday with investors largely making cautious moves, digesting regional PMI data, and a slew of corporate earnings announcements, in addition to closely following the developments on the geopolitical front. Uncertainty about U.S. government's trade and economic stance weighed on stocks. Germany's snap election on Sunday was in focus as well.
RTTNews | 1 dia atrás
Canadian Markets Remains In Negative Territory; Energy, Materials Shares Decline

Canadian Markets Remains In Negative Territory; Energy, Materials Shares Decline

After opening slightly up, the Canadian market tumbled into negative territory Friday morning as tariff threats and weak commodity prices, as well a few disappointing earnings updates prompted investors to press sales at several counters. Preliminary data showing a likely drop in retail sales in January is weighing as well.
RTTNews | 1 dia atrás
U.S. Consumer Sentiment Plunges To Lowest Level Since November 2023

U.S. Consumer Sentiment Plunges To Lowest Level Since November 2023

A report released by the University of Michigan on Friday showed consumer sentiment in the U.S. deteriorated by much more than previously estimated in the month of February. The University of Michigan said its consumer sentiment index for February was downwardly revised to 64.7 from a preliminary reading of 67.8. Economists had expected the index to be unrevised.
RTTNews | 1 dia atrás
U.S. Existing Home Sales Pull Back Sharply In January

U.S. Existing Home Sales Pull Back Sharply In January

Existing home sales pulled back sharply in the month of January, according to a report released by the National Association of Realtors on Friday. NAR said existing home sales plunged by 4.9 percent to an annual rate of 4.08 million in January after surging by 2.9 percent to an upwardly revised rate of 4.29 million in December.
RTTNews | 1 dia atrás