Agoda.com Teams Up With Travala.com To Add Crypto Payment Option

By RTTNews Staff Writer | Published: 8/4/2020 10:42 AM ET

Online travel agency Agoda.com, a subsidiary of Booking Holdings, has teamed up with U.K.-based crypto-friendly travel booking platform Travala.com for providing seamless payments in cryptocurrencies such as Bitcoin for customers in addition to traditional payment methods.

Rivals in the field, Expedia and Bookings.com have already signed similar deals with Travala.com since 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.

Digital travel platform Agoda.com has grown to offer a global network of over 2.5 million properties in more than 200 countries and territories worldwide, offering travelers easy access to a wide choice of luxury and budget hotels, apartments, homes and villas, to suit all budgets and travel occasions.

Following the partnership with Agoda.com, travelers can now use Travala.com to book more than 600,000 Agoda hotels worldwide, with the option of paying in cryptocurrencies such as Bitcoin (BTC).

This brings the total number of accommodation listings available on the leading blockchain-based travel booking platform to over 2.2 million, covering 90,124 destinations in 230 countries and territories, where cryptocurrency can be used for payment.

"We can safely say we are the world's largest blockchain-based online travel agency by number of accommodation options available with over 2,200,000 options to book covering 90,124 destinations," said Juan Otero, CEO at Travala.com.

Backed by cryptocurrency exchange Binance, 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.

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. Travala utilizes the Binance Chain, which is the new blockchain from Binance.

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Article written by an RTT News Staff Writer, and posted on the RTT News.com website.

Article reposted on Markethive by Jeffrey Sloe