Soneva resort chain hotels start accepting crypto payments

Customers can pay for services in bitcoin and Ethereum

17.08.2022 - 10:50

496

2 min

What’s new? Hotels of Soneva, a large resort chain, began accepting cryptocurrency payments. Bruce Bromley, chief financial officer, noted that this decision was made for the convenience of customers who will be able to pay for hotel services from anywhere in the world. Bitcoin and Ethereum are accepted for payment.

Information on the website of Business Traveller

What is the payment situation? The option of paying with cryptocurrency will be available at three resorts in the Maldives (Soneva Fushi, Soneva Jani, and Soneva in Aqua) and Thailand (Soneva Kiri). BTC and ETH can also be used to purchase real estate in the Maldives at Soneva Villa Ownership.

To accept cryptocurrencies, Soneva partners with two companies: crypto payment provider Triple A and payment platform Pomelo Pay. Triple A is licensed by the Monetary Authority of Singapore (MAS). The company’s website states:

“Soneva will only accept and, where required refund, cryptocurrencies for their USD value at the moment of the transactions and excluding any additional fees from the third parties.”

In April, Taylor Travel Management Group, a Dutch travel agency specializing in VIP travel, began accepting crypto payments.

In June, Ukrainian developer DIM provided an option to buy real estate in residential complexes for stablecoins. Transactions can be made using USDC, DAI, BUSD, and USDT.

Author: