Tallinn, Estonia - CryptoJets, a global private jet and helicopter brokerage, has formalized a partnership with Transacta to meet rising client demand for cryptocurrency payment options in the private aviation sector.
CryptoJets, which connects customers to a worldwide network of more than 5,000 charter operators, positions its services for travelers who prioritize privacy, speed, and flexibility. As bookings paid with crypto have increased, the company identified operational frictions related to payment speed, settlement certainty, and geographic reach that needed addressing.
Under the agreement with Transacta, CryptoJets will broaden its route network and increase operational capacity across 180 countries while offering clients a more efficient method to handle high-value charter payments. The arrangement pairs CryptoJets’ market access with Transacta’s regulated payment rails to enable large crypto transactions to be accepted and converted to fiat, with settlement to the merchant bank account in 1-2 business days.
Erik Rand, Head of Operations at CryptoJets, said that crypto has already become a common payment preference among the company’s clients and that the partnership will enable faster processing, better market settlement and scalable operations without compromising compliance or client experience.
Transacta, which was founded in Estonia in 2018 and formerly known as Transcrypt OÜ, provides a regulated payment infrastructure designed to let merchants accept crypto payments with instant fiat settlement. The company describes its experience as focused on supporting merchants that handle large, complex luxury transactions and bespoke client requirements.
Dmitrijs Maceraliks, CEO of Transacta, framed the collaboration as a new operational chapter with CryptoJets and emphasized the challenge of enhancing the speed and quality of payment processing for high-value charter deals.
Transacta operates under multiple regulatory registrations and supervisory frameworks: it is licensed by the Estonian Financial Intelligence Unit; it is registered with the Financial Crimes Enforcement Network (FinCEN) in the United States and with FINTRAC in Canada; and it operates under FINMA supervision. These credentials underpin the company’s ability to meet applicable legal requirements for converting crypto receipts into fiat settlements for merchants.
The partnership speaks to broader shifts in payment preferences among wealth holders toward digital currencies, a development that CryptoJets and Transacta aim to operationalize for the private aviation market without altering compliance obligations or settlement standards.
Contact
Brand Manager: Tetiana Tkachenko
Transacta
[email protected]
Note: This report summarizes the companies' announced operational and regulatory arrangements as described by the participants.