CoinPayments Inc, a firm specializing in digital payments since 2013 and partner of the Stake Sauber Formula 1 Team for the 2025 season, has announced a partnership with Jetcraft, the global firm focused on business aircraft sales, acquisitions, and trades.
Through the blockchain-based collab, Jetcraft clients “will benefit from streamlined transactions, faster escrow processes, and enhanced purchasing experiences.”
Aiming to bring private aviation into the modern digital era, the partnership addresses “demand from high-net-worth individuals (HNWI) and corporations seeking to use their digital asset holdings for premium aviation services.”
By integrating CoinPayments’ secure payment infrastructure with Jetcraft’s aviation services, clients will take advantage of “payment flexibility, reduced transaction times, and enhanced privacy.”
Alex Alexandrov, Chairman of CoinPayments Inc. said:
“Our partnership with Jetcraft represents a significant milestone in cryptocurrency adoption within HNW markets. By offering cryptocurrency payments for private aviation transactions, we’re expanding digital asset utility while providing Jetcraft’s clientele with the payment flexibility and efficiency they deserve.”
Jahid Fazal-Karim, Owner and Chairman of the Board, Jetcraft said:
“At Jetcraft, we evolve with the ever-changing needs of our global clientele, many of whom dominate the tech, AI and entrepreneurial spaces. However, we’re often constrained by outdated processes and systems. By partnering with CoinPayments, we’re bringing forward an innovative payment solution that matches the forward-thinking mindset of our customers.”
The collaboration between CoinPayments and Jetcraft will “deliver multiple innovations” to the private aviation market:
- Integration: CoinPayments’ technology will be fully integrated into Jetcraft’s accounting process, providing a frictionless payment experience
- Cryptocurrency support: Clients can use a wide range of digital assets for transactions, with CoinPayments handling all conversion processes
- Enhanced security: encryption and security protocols will safeguard all transactions
- Regulatory compliance: All operations will adhere to relevant financial regulations and anti-money laundering (AML) policies
- Real-time processing: Instant verification of cryptocurrency payments, eliminating traditional banking delays
This partnership represents the first large-scale “implementation of cryptocurrency payment solutions in the private aviation sector.”
As digital assets continue to gain mainstream acceptance, CoinPayments and Jetcraft are “positioning themselves at the forefront of financial innovation in business aviation services.”
Established in 2013, CoinPayments is a cryptocurrency payment gateway that enables businesses “to accept digital asset payments with confidence.”
The company offers services including “reduced withdrawal fees, insured funds for merchants, and integration with e-commerce platforms, accounting software, and point-of-sale systems.”
CoinPayments supports over 100 cryptocurrencies, “providing businesses with borderless payment solutions to expand their operations globally.”