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Tuesday, September 23, 2025
Sibos | FFNews

Phenix Jet Cayman Partners with Deus X Pay to Modernise Payments for Private Jet Travel

Deus X Pay, a licensed provider of stablecoin payment solutions, is pleased to announce a strategic partnership with Phenix Jet Cayman, a leader in bespoke private aviation services recognised for its exceptional offerings. This collaboration will enable Phenix Jet Cayman to accept cryptocurrency payments, thereby enhancing the convenience and security of transactions for its elite clients. 

Phenix Jet Cayman specialises in bespoke private jet services—including business jet management, maintenance, and global charter flights. With a commitment to excellence, Phenix Jet Cayman has positioned itself as a premier choice in private jet travel.

Andrew Svoboda, Chief Executive Officer at Phenix Jet Cayman, highlighted that embracing cryptocurrency payments underscores the company’s commitment to innovation and client needs. “In an industry where luxury and convenience define excellence, this integration enables us to effectively meet the growing market demand for flexible, borderless transactions. By adopting crypto payments, we’re not just keeping pace with change—we’re advancing the future of elite air travel, ensuring our clients experience unmatched convenience, security and efficiency at every step,” he added. 

Richard Crook, CEO of Deus X Pay, emphasised the significance of this partnership: “Working with Phenix Jet Cayman showcases our mutual goal of modernising payment processes in the luxury travel sector. Our cryptocurrency solutions will not only simplify transactions but also provide Phenix Jet Cayman’s clients with secure, efficient payment options that meet the demands of today’s evolving landscape.”

Fully compliant and regulated as a Virtual Asset Service Provider, Deus X Pay operates under a license in Lithuania, supervised by the Financial Crime Investigation Service (FNTT), the Czech Republic, supervised by the Financial Analytical Office (FAU), and in Canada, supervised by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC).

This partnership underscores the increasing adoption of compliant cryptocurrency payment solutions in the luxury asset market, catering to the evolving preferences of global elite travelers. With quicker transaction times and lower fees, clients can focus more on their journeys and less on payment complexities.

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