Paramount Business Jets has reported a marked increase in clients paying for charters with cryptocurrency, following the broker’s decision to adopt digital payments in late 2024. Since then, usage has steadily risen, particularly among younger and international flyers.

The move puts PBJ among a small number of charter providers offering crypto payment as standard. Most clients have opted to use Bitcoin or Ethereum, though PBJ supports over 120 different digital currencies. The system is proving popular due to its 24/7 availability, lower international transaction fees and enhanced security through blockchain verification.

CEO Richard Zaher says: “The ability to receive payments instantly and securely, regardless of time or location, is a significant advantage for both our clients and our operations. The added security and transparency of blockchain technology, along with the potential cost savings compared to traditional methods, make cryptocurrency an increasingly valuable option in the private aviation space.”

The company’s crypto offering has found favour with tech-savvy travellers seeking greater speed and flexibility. Zaher adds: “We are thrilled to offer cryptocurrency as a payment option. This innovation reflects our commitment to meeting our clients’ evolving needs and maintaining our position at the forefront of private aviation. Whether flying for business or leisure, our clients deserve the utmost flexibility, convenience and peace of mind.”

PBJ’s system provides a seamless booking experience for global clients and eliminates the currency conversion issues often faced with cross-border payments. The growing popularity of crypto in the wider market has also played a role, with one recent study showing that one in five private jet users would prefer to pay using digital currencies if given the choice.