Ancillary Merchandising Conference 2019,

#AncillaryMerchandising
Ancillary Merchandising Conference 2019,
#AncillaryMerchandising
Chris Denny

Airline Travel Payment Summit, 2019, #ATPS

 May 2011
BITPAY FOUNDED

Utrecht
SAN FRANCISCO 100
EMPLOYEES WORLDWIDE
ATLANTA

$72,000,000
CAPITAL RAISED
Index Ventures
Founders Fund
Menlo Ventures
Aquilline Technology Growth
TUCUMAN Horizons Ventures
RRE Ventures
Felicis Ventures
TTV Capital
BUENOS AIRES Richard Branson

Airline Travel Payment Summit, 2019, #ATPS

Blockchain: Companies building systems for the [near] future

Airline Travel Payment Summit, 2019, #ATPS

Proof of Concept, and beyond!

Airline Travel Payment Summit, 2019, #ATPS

Airline Travel Payment Summit, 2019, #ATPS
Airline Travel Payment Summit, 2019, #ATPS
Blockchain Payments are here now! here now!

Airline Travel Payment Summit, 2019, #ATPS

Connections: Blockchain payments

Airline Travel Payment Summit, 2019, #ATPS

 Rails into Fintech Ecosystem

▪ Payment Service Providers

▪ Gateways
▪ Banks
▪ Shopping Cart Integrations
▪ eWallets
▪ Debit Cards

Airline Travel Payment Summit, 2019, #ATPS

Bitcoin, an Alternative Payment Method.

❏ Bitcoin listed on
drop down with
Paypal, Sofort,
bank transfer

Airline Travel Payment Summit, 2019, #ATPS

B2B B2C

B2C

Airline Travel Payment Summit, 2019, #ATPS

Airline Travel Payment Summit, 2019, #ATPS
Which (non Airline & Travel) industries are using
blockchain payments?

Airline Travel Payment Summit, 2019, #ATPS

Buy a Pizza with blockchain payments

Airline Travel Payment Summit, 2019, #ATPS

Computing & other consumer goods.

Airline Travel Payment Summit, 2019, #ATPS

Car dealerships selling cars with blockchain payments

Airline Travel Payment Summit, 2019, #ATPS

Real Estate purchases with blockchain payments

Airline Travel Payment Summit, 2019, #ATPS

Luxury watches with blockchain payments.

Airline Travel Payment Summit, 2019, #ATPS

 Gamble with bitcoin!

Airline Travel Payment Summit, 2019, #ATPS

Forex Trading with blockchain payments

Airline Travel Payment Summit, 2019, #ATPS

Precious metal dealers

❏ Gold Brokers interact with the

crypto trading space.

❏ Online and POS transactions.

Airline Travel Payment Summit, 2019, #ATPS

State of Ohio accepts bitcoin for tax payments

Airline Travel Payment Summit, 2019, #ATPS

 Blockchain Payments:

Adoption in the Airlines and Travel Industry??

Airline Travel Payment Summit, 2019, #ATPS

Airlines selling tickets with blockchain payments

Airline Travel Payment Summit, 2019, #ATPS

Airlines selling tickets with blockchain payments

Airline Travel Payment Summit, 2019, #ATPS

Airlines selling tickets with blockchain payments

Airline Travel Payment Summit, 2019, #ATPS

Virgin Galactic return tickets with Bitcoin!!

Airline Travel Payment Summit, 2019, #ATPS

Consumer Travel sites accepting blockchain payments

Airline Travel Payment Summit, 2019, #ATPS

 Corporate Travel Agencies accepting
blockchain payments.

Airline Travel Payment Summit, 2019, #ATPS

 Airports accepting crypto payments

❏ 30 Stores at
Brisbane Airport
accepting crypto.

❏ Payments in 6
crypto currencies
accepted.

Airline Travel Payment Summit, 2019, #ATPS

Opportunity: Crypto market >$150Billion Market Cap!!

Airline Travel Payment Summit, 2019, #ATPS

Travel Payments, problems solved
No Chargebacks.

❏ Bitcoin is a push
payment: No
Chargebacks.

❏ Even bank wires can get

recalled.

❏ Settlement T+1 with no

exposure to crypto price
fluctuation.

Airline Travel Payment Summit, 2019, #ATPS

No Rolling Reserve. Delayed Credit Risk mitigated.

❏ Bitcoin payments is
without a rolling reserve
so travel industry gets full
cash flow.

❏ Credit risk for acquiring

bank/ insurers not
required in event of
liquidation.

Airline Travel Payment Summit, 2019, #ATPS

 Opportunities.

❏ Long haul carrier, selling

tickets between emerging
Crypto hubs
Internationally.

❏ Blockchain payments
Integration with frequent
flyer schemes to sell “air
miles”.

❏ Grab, Uber, Lyft.

Airline Travel Payment Summit, 2019, #ATPS

Chris Denny
cdenny@bitpay.com

Any questions?

Airline Travel Payment Summit, 2019, #ATPS