The Singapore Airlines blockchain reward system is live with arrangements at eighteen merchants. The company’s frequent flyer program KrisFlyer now has a miles-based digital wallet called KrisPay.
The miles can be used to pay for purchases as small as 7 cents (US). The partner merchants include Esso Service Stations, Pizza Hut, LEGO stores as well as coffee shops and beauty stores. Some of the partners will offer discounts during the launch period.
Passengers need to convert their KrisFlyer miles into KrisPay miles to be able to use them. The conversion is instant, but the KrisPay miles expire after six months. The wallet is a mobile app, so to use the points at checkout, the merchant scans the customers KrisPay QR code.
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