Shiba Wings, an Australian airline that accepts payments in Shiba Inu’s SHIB token, has reported that most of its customers are not using cryptocurrency to purchase tickets. This revelation comes after the company announced earlier this year that it would start accepting payments in SHIB, a cryptocurrency inspired by the popular meme-based digital asset Dogecoin.
Customers not using SHIB
According to Shiba Wings’ CEO, only a small percentage of the company’s customers have used SHIB to purchase tickets since the announcement was made. The vast majority of customers have continued to use traditional payment methods like credit cards and bank transfers.
Reasons for low adoption
One possible reason for the low adoption of SHIB as a payment method could be the volatility of the cryptocurrency market. SHIB’s value is known to fluctuate frequently, which could be a deterrent for some customers who are not familiar with cryptocurrencies. Additionally, the process of purchasing SHIB and then using it to purchase airline tickets may be too complicated or time-consuming for some customers.
Despite the low adoption of SHIB as a payment method, Shiba Wings remains committed to accepting cryptocurrency payments. The company’s CEO stated that they would continue to explore ways to make cryptocurrency payments more accessible and easier to use for their customers.
Shiba Wings, an Australian airline that accepts payments in SHIB, has reported that most of its customers are not using cryptocurrency to purchase tickets. While there may be several reasons why SHIB adoption has been low, the company remains committed to accepting cryptocurrency payments and making them more accessible for their customers.