Via this partnership, Stratos will be accepting payments in crypto and fiat via the FTX Pay platform.
FTX Pay through Stratos will “only be available to FTX US customers,” the announcement clarified.
FTX Pay is a service that allows firms to take payments in crypto and traditional currencies via a quick and seamless process when compared to traditional credit card payments.
As a result of the partnership, Stratos will be deciding which coins/crypto they will accept for payments for their services. With the integration of FTX Pay, clients for Stratos will be “charged a 1.5% fee as opposed to the 4% fee associated with standard credit card payments,” the update noted.
Brett Harrison, President of FTX US, stated:
“We built FTX Pay in order to provide businesses with a quick, secure and inexpensive way to accept payment in any type of currency, with the end goal of revising the global payments landscape. As an organization, Stratos prioritizes the customer experience and we’re happy to assist them in this process through our payment platform. It’s exciting to work with an industry leader and assist in bettering their customer experience while also elevating the presence of digital assets outside of the traditional financial landscape.”
Joel Thomas, CEO of Stratos Jet Charters Inc., noted that in searching for a crypto partner to integrate with its online booking platform Stratos Marketplace, FTX.US was “an ideal fit: FTX offers more features than any other major US platform and it sets the industry standard for security.”
“The FTX.US platform is sophisticated yet simple for clients to use, and it integrates seamlessly with our air charter marketplace.”
The Stratos marketplace may be used on desktop or mobile devices, “giving those making travel plans the ability to search for and book flights instantly.”
The announcement also mentioned that travelers may check itineraries and passenger information, as well as “confirm catering and ground services for upcoming flights.”
Now with the new FTX integration, “in just a few extra clicks, clients can also easily book and pay for their charter flights,” the update explained.
“With the current unprecedented level of demand for private aviation, Stratos was looking for a more secure and efficient way of securing client payments for charter flights. We felt that accepting crypto as a form of payment would dramatically reduce our risk vs credit cards and we selected FTX Pay due to the sophisticated simplicity of their platform and its ability to seamlessly integrate it within our air charter marketplace. Within the first week of integrating the FTX payment platform into Stratos Air Charter Marketplace, we’ve transacted roughly a half a million dollars in revenue.”
With head offices in Orlando, FL, Stratos Jet Charters Inc. has been offering private jet broker services across the US and around the world for almost 20 years.