Red Mastercard says it will stop accepting bitcoin payments
A red master card that’s seen as a critical part of the aviation industry will stop working with bitcoin payments, it said on Thursday.
The airline said it had not been approached about the move, but the cardmaker said it was “actively exploring” the possibility of using bitcoin for payment purposes.
“This is a decision we are actively exploring with our suppliers to ensure we can offer a robust customer experience,” the card company said in a statement.
But the decision could have a negative impact on other bitcoin payments the airline is currently using.
In January, the airline launched a new program called the Red Card for Women to offer discounts on flights.
That program has been widely seen as part of a broader effort to improve the lives of women pilots.
At the time, Red Card co-founder and chief executive Officer Mary-Louise Cairncross said the new program was designed to encourage women pilots to get involved in the industry, but it has also been criticised by some for not being inclusive enough.
For example, the program does not give women pilots the opportunity to fly solo.
While the program offers discounts on some flights, it does not offer the same level of service as the Red Cards offered by airlines like Delta and Southwest.
A spokesperson for Red Card declined to comment on the airline’s decision.
This is not the first time that the airline has come under fire for using bitcoin.
Just last month, it was reported that it had banned bitcoin payments for customers who used a debit card, and it has faced criticism for not accepting bitcoin as a payment option.
Its decision could also have a big impact on the airlines new bitcoin card, the Red MasterCard Classic.
Last year, it also issued a statement to the media saying that it was not aware of any bitcoin transactions with any of its customers, although the statement did not address whether the airline had stopped accepting bitcoin.