Expedia In Deal With Travala.com To Add Crypto Payment Option
Online travel agency Expedia, Inc struck a deal with U.K.-based crypto-friendly travel booking platform Travala.com for seamless payments in cryptocurriencies such as Bitcoin for customers in addition to traditional payment methods.
The move comes just seven months after Expedia’s rival Bookings.com signed a similar deal in late November 2019. Booking.com only sells hotels, while Expedia is a full service, online travel agency selling hotels, car, flights, tours as well as packages.
In January, Travala.com had reported a 33.5 percent month-on-month rise in its booking revenues after its partnership with Boockings.com. More than 60 percent of the total bookings in December were paid with cryptocurrencies. The partnership with Expedia is also expected to significantly boost Travala.com’s revenues.
Travelers can now use the Expedia’s application program interface (API) called Rapid via Travala.com to book more than 700,000 Expedia Group hotels and accommodations in more than 35,000 destinations worldwide, with the option of paying in cryptocurrencies such as Bitcoin (BTC).
Travala.com provides option to make payments on their site using more than 30 cryptocurrencies, including their own native Travala (AVA) token, and also stablecoins. They also accept payments in Fiat and through Paypal.
Amid the ongoing coronavirus (COVID-19) outbreak, Travala.com said its latest month-on-month data shows consumer confidence and the desire for travel is returning, with an 81 percent increase in room nights booked and website traffic up 50 percent week-on-week.
Travala.com over 2 million hotels globally, where cryptocurrency can be used for payment. It has integrated Booking.com’s accommodation listings to its platform, which is now live in more than 230 countries and 90,000 destinations worldwide.
Travala utilizes the Binance Chain, which is the new blockchain from cryptocurrency exchange Binance.
In May 2020, Travala.com merged with Binance-backed crypto-friendly flight booking portal TravelbyBit to create one of the largest blockchain-based online travel agencies in the world.
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