With the increasing acceptance of cryptocurrencies around the world, more companies are starting to accept digital assets as a means of payment, including the hospitality sector.
Soneva, a leader in the upscale hotel industry, is now accepting Bitcoin (BTC) and Ethereum (ETH) at its properties in the Maldives and Thailand, according to a report by Business Traveler published on August 15.
Guests at Soneva Fushi, Soneva Jani and Soneva in Aqua in the Maldives, as well as Soneva Kiri in Thailand, can confidently make secure international payments using the payment channel, which aims to simplify transaction procedures and provide absolute peace of mind.
Whatsmore, Soneva Villa Ownership is the first and only scheme in the Maldives to provide real estate to overseas buyers, and both Bitcoin and Ethereum can be used for this purpose, with the necessary safeguards and compliance.
Soneva Chief Financial Officer and Executive Vice President, Bruce Bromley said:
“At Soneva, we always strive to be a leader in the hospitality industry, hence accepting cryptocurrencies as a means of payment is another example of enabling our international guests to easily make payments from anywhere in the world,”
Soneva wants to make luxury travel easier
Soneva and TripleA, providers of cryptocurrency payments solutions, and Pomelo Pay, a payment platform provider, want to make luxury travel easier by accepting a variety of payment methods.
TripleA, a licensed supplier of cryptocurrency payment solutions, allows Soneva visitors to pay in crypto without worrying about price fluctuations.
This is possible because TripleA offers fast confirmation, locked exchange rates, real-time transfers, and no chargebacks.
When combined with Pomelo Pay, a frictionless payment platform, it allows users to make purchases using cryptocurrency through QR codes and payment links.
Soneva’s reservations team can be contacted directly from anywhere in the world to make reservations and establish secure payment channels.
Although payments in Bitcoin and Ethereum are non-refundable, cancellation fees may be refunded in accordance with the Soneva Compliant Payment and Cancellation Policy, which was implemented in the wake of the Covid-19 outbreak to give visitors peace of mind when making reservations.