UK private jet charter firm celebrates 100 flights
successfully booked via cryptocurrency as High-Net-Worth
Individuals choose safe and simple payments for private air
travel
LONDON, June 25, 2024 /PRNewswire/ -- Leading
international cryptocurrency brokerage service Instacoins today
marked a major landmark in its partnership with UK-based private
jet charter firm Sandbanks Jets, with more than 100 private flights
booked successfully via cryptocurrency.
It is a significant moment for the crypto industry as it looks
to offer a viable alternative to traditional banking methods. Its
increased popularity and legitimacy has led to many individuals
opting to embrace its ease of access and transfer. For
companies, crypto can offer solid and clear benefits by
helping to reduce costs, increasing efficiency, and attracting a
whole new demographic of clientele.
Sandbanks Jets has been delivering an exceptional experience to
its clients for many years, and recently introduced cryptocurrency
as a method of payment in response to increasing demands from the
market. They did this by teaming up with Instacoins, a
cryptocurrency brokerage service that enables businesses like
Sandbanks to simplify crypto payments.
This strategic decision by Sandbanks has led to a consistent
year-over-year increase in bookings, with the significant milestone
of 100 flights successfully booked via cryptocurrency payments
bringing an increase in revenue, client acquisition and client
retention across the board.
"As a provider of private jet charter services, being able to
pay with cryptocurrency is something a lot of our high-net-worth
clients are looking for as a payment option," says Jules Coughlan. Head of Financial Operations,
Sandbanks. "Using an exchange like Instacoins makes the process
very simple, and low risk for us as we receive the required amount
in fiat currency, rather than cryptocurrency which can be
volatile."
Crypto becoming the payment method of choice for HNW
Individuals
For many years, cryptocurrencies were dismissed as just another
speculative bubble that would eventually burst. In recent times
however, digital currencies have not only proved they are here to
stay but have rapidly established themselves as a legitimate asset
class in their own right.
Since 2018, Instacoins has been bridging the gap between
traditional finance and crypto, enabling people from all walks of
life to buy, send, and store cryptocurrencies. But
high-net-worth individuals (HNWI) in particular have embraced
crypto as one of their preferred methods of payment, leading to a
rise in demand in areas such real estate, luxury travel, private
jet leasing and air charter services.
This steady upward trend is particularly evident for premium
services where cryptocurrencies provide a secure way for HNWIs to
make a payment quickly and securely while eliminating cross-border
transfer fees and exchange rates.
The ongoing success achieved in the collaboration between
Sandbanks and Instacoins demonstrates just how far cryptocurrencies
have come in a short space of time, and offers a blueprint for
crypto payment models in the luxury goods market moving
forward.
"Sandbanks has been an incredible partner for us," says
Kris Farrugia, Head of Operations,
Instacoins. "What started out as a few transactions has steadily
climbed and taken off! The team at Sandbanks insists on the highest
standards of excellence, and this has been a great help as we
continually refine our personalised services."
To find out more about Instacoins, visit
https://www.instacoins.com.
About Instacoins
At Instacoins, we envision a world where everyone can
access and control their financial wealth, and you can invest or
send money at the click of a button.
Our mission is to remove barriers and reduce friction
by providing a financial crypto service that
is secure, accessible, fast, and easy to use—enabling
everyone to invest in cryptocurrency without any prior
knowledge or experience.
Photo:
https://mma.prnewswire.com/media/2446367/Instacoins_Sandbank_Jets.jpg
Logo:
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For further information, please contact:
otc@instacoins.com
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