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Warsaw, 4 August 2015 – LOT is one of the first airlines in the world to introduce payments with Bitcoins. That is how the airline responds to the needs and expectations of the ever bigger new group of clients who use this online currency on a daily basis. Bitcoins are more and more popular, and the number of places where they can be used for payment in constantly on the rise. It is possible to pay for tickets in such a way on lot.com, as well as in the mobile version and via mobile app. Transactions are convenient and fully secure.
LOT is consistently introducing innovative solutions, thanks to which its clients have more and more flexibility – both in terms of the selection of products they need when for their journey, and payment methods they want to use when buying tickets.
„We are open for every need of every single client. We go for innovations thanks to which their journey is even more comfortable and pleasant not only on board, but also much earlier – at the stage of buying the ticket. Many of them do the shopping online, including plane tickets. It‘s just the matter of time when payments with the online currency will become as popular as using credit cards today. We notice this potential, which is why we are one of the first airlines in the world to give its passengers the possibility of paying with Bitcoins as early as today” – says Jiri Marek, LOT Sales and Distribution Executive Director.
Payment with Bitcoins is easy in execution, and equally secure as other payment methods. All transactions are handled by PSP – one of the most reputable and popular platforms handling payments with the online currency.
The ticket price will be calculated in the standard currency selected by the passenger. Only at the last stage of the booking process, i.e. at the payment stage, will the PSP platform convert the purchase price into Bitcoins. After approval of the amount and clicking the „purchase“ button, the client will be redirected to the Bitcoin wallet, and the transaction will be finalised. The client will be all the time on the PSP platform.
LOT does not conduct transactions in Bitcoins, but in the currency used on a the market of purchase (e.g. Poland - PLN; Germany - EUR; USA – USD). PSP is responsible for conversion and settlements of the transaction with LOT.
The new payment method is addressed to everybody who has a Bitcoin wallet, and is an active user of this currency when doing the shopping online. Bitcoins can be used to pay for any LOT flight on the majority of the markets where the airline sells tickets.
LOT introduces new payment methods to develop its sales channels even further. As early as today, the airline sells every third ticket via the website, also in the mobile version and via the application, Apart from Bitcoins, clients can pay on lot.com with a credit card, debit card and bank transfer.
The detailed information on the rules of payment, including by means of the Bitcoin method, can be found on lot.com