- Travala Incorporates Stellar and Cardano as Part Of Its Payment Options
- Travala on a Mission With Cryptocurrency Adoption
Travala is gradually growing its crypto payment options, as they add Cardano and Stellar. Recently, Travala.com announced it has incorporated Cardano’s ADA and Stellar’s XLM as an approved payment method for hotel bookings made on its website. This was shortly after the travel site accepted Komodo’s KMD as a payment option.
Cardano (ADA) Price Today – ADA / USD
Name Price $0.046 6.60%
The latest additions of the three new crypto payment options increase the list of the blockchain-based travel booking sites accepted digital assets. The previously incorporated cryptocurrencies include its native AVA token, Bitcoin’s BTC, Bitcoin Cash, Ether, Litecoin, XRP, TRON, NANO, True USD, Binance’s BNB, WAVES, and ZCoin.
Travala is a crypto-friendly hotel booking site, the first crypto to be incorporated was NEO, and then Binance early September, the company is one of the few that open adopt cryptocurrency to aid mass adoption. The CEO of Travala.com, Matthew Luczynski stated: “As the world’s leading blockchain-based hotel booking platform, we’re thrilled to support Binance Chain in a common mission to grow the blockchain ecosystem and to promote the adoption of cryptocurrencies globally.”
Travala on a Mission With Cryptocurrency Adoption
Totaling the addition of Cardano, the booking site now accepts over twenty cryptocurrency payment options as well as credits cards, debit cards, and PayPal. Travala was founded in 2017, its booking site describes itself as “one of the leading open networks for storing and moving money.” The booking site has also created many partnerships with blockchain projects and events.
The site was the official travel partner of Futurama Innovators Montenegro, a cryptocurrency sector event where thought leaders discussed the industry and the regulatory landscape in June. Travala also partnered with Korea Blockchain Week 2019 in Seoul, attendees are said to enjoy a 40% discount on hotel stays. It joined the Priceline partner network in August, helping enhance hotels by 700,000. Using its native AVA tokens, the booking site deploys blockchain technology to bring cost productivities to the travel industry, using a secured payment platform and loyalty program.
Currently, the booking site now boasts a legit universal footprint. Going by the statement by Travala, travelers can now book for accommodation in over one-and-a-half million hotels at over 90,000 destinations in 230 countries around the world.
Participating hotels also benefit from this as they’ll be saving commission fees, and the site’s “equitable transparent pricing model”, cost savings are distributed onto consumers, with prices usually between 15-40% cheaper than other online travel agencies.