Sat, April 20, 2024

Blockchain-based Booking Service and Swipe Visa Card

crypto, Blockchain-based travel booking service, Swipe

Blockchain-based travel booking service Travala.com and Swipe want to make cryptocurrencies more popular. Starting from July 24 Swipe will add Travala’s native token, AVA, to their wallet and Visa card platform. As a result, it will be possible to spend AVA in numerous places.

Importantly, through Swipe’s integration with Samsung Pay, Google Play, and Apple Pay, AVA is also supported by all of them. Furthermore, the AVA token will be available to the 500,000 users of Swipe’s multi-asset digital wallet.

As a reminder, recently, major crypto exchange Binance bought Swipe. Travala.com migrated to Binance Chain in 2019.

Swipe and new opportunities

It is worth mentioning that, in addition to AVA’s integration into the Swipe platform, Travala.com will add Swipe’s native token SXP as a preferred payment option to grow across 230 countries.crypto industry news on July 24

Let’s have a look at accommodation options. Expedia, Booking.com, as well as Priceline, partnered with Swipe to enable crypto-friendly travel booking services.

Moreover, Travala’s customers have the opportunity to pay with its proprietary AVA token as well as with Bitcoin, Ether, Dash, Bitcoin Cash, Litecoin, Cardano, Stellar, Binance Chain, Monero, Tron, Dai, and XRP.

It is worth noting that Travala’s two-way integration and Swipe’s native tokens is a big step forward when it comes to adoption.

Notably, when people use Swipe’s Visa debit cards with cryptocurrencies such as AVA, they are automatically converted into fiat currency. As a result, it is possible to use them anywhere that accepts Visa or mobile payment services.

Travala.com is still actively developing. The blockchain-based booking service announced that its monthly revenue increased by 205% in May compared to April. This year, more precisely in May, Travala.com merged with TravelByBit. TravelByBit provides services for flight bookings at more than 600 airlines. Thanks to tokenized rewards and multiple crypto payments options, both firms hope that they will be able to adapt to a new reality.

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