Travala, often referred to as the “Expedia of crypto”, has now added support for Litecoin and Nano payments on its travel booking service.
To date, the service has added support for a total of 47 cryptocurrencies, including Bitcoin, XRP, Ethereum, and the platform’s native cryptocurrency Travala (AVA).
You can now book 550,000+ hotels worldwide with $LTC using the https://t.co/CL8FxAXFXS built in crypto payment gateway. Travel to 82,000+ destinations with your favourite #crypto #Litecoin #LTC #blockchain #travel #adoption@Litecoin @SatoshiLite @LTCFoundation @LiteCoinNews pic.twitter.com/s0ojfmwTmd
— Travala.com (@travalacom) February 6, 2019
Powered by NEO, the platform allows users to pay with crypto for travel to over 82,000 destinations. The international booking service also says it has expanded its reach to over half a million hotels around the world.
Travala is one of several companies that is aiming to disrupt the travel industry through cryptocurrency adoption. Usually, people who regularly travel abroad are a target demographic for cryptocurrency use as they frequently deal with the annoyance of exchanging multiple national currencies during their trips. These currency exchanges usually end up costing travellers high fees in percentage terms of their overall costs.
According to the Travala website, the platform includes “verified reviews for 100% feedback authenticity (validated through blockchain)” and also a “token-powered incentivization economy which gives real rewards for valuable acts such as user referrals”.
Also accepting fiat
Travala, which started as a crypto-only booking service, also added support for fiat payments last week. By integrating fiat payments on the platform, the company can draw in travellers who use traditional payment methods such as PayPal, Visa, MasterCard, American Express, and Discovery.
Last year, crypto exchange Binance moved into the travel sector with a $2.5 million investment in the Australia-based travel and airline payments start-up TravelbyBit. The platform also accepts crypto payments, including the native token of Binance (BNB).
Disclaimer: The views and opinions expressed by the author should not be considered as financial advice. We do not give advice on financial products.