Travala.com Added Cardano And Stellar As Payment Options

Travala.com added Cardano (ADA) and Stellar (XLM) as accepted payment options for further hotel bookings made on the website. The decision comes after the acceptance of Komodo on October 28^th as we mentioned previously on our website.

As for the Cardano news, this addition to the Travala.com platform is expected to boost the price of the added cryptocurrencies. Also, the list of payment options is expanded on the blockchain-based booking site and the already accepted cryptocurrencies include the native AVA token, Ether, XRP, Litecoin, Bitcoin Cash, Bitcoin, TRON, Nano and the Binance native- BNB token.

According to the announcement, the addition of Cardano appeared to catch the foundation by surprise. The booking site which started on the NEO platform initially before switching to Binance’s chain at the start of September didn’t shy away from the ambition to boost the mainstream use of cryptocurrency just when it moved to Binance. According to the CEO of Travala.com Matthew Lucznyski:

 “As the world’s leading blockchain-based hotel booking platform, we’re thrilled to support Binance Chain in a common mission to grow the blockchain ecosystem and to promote the adoption of cryptocurrencies globally.”

After the addition of the ADA token, the booking site now accepts more than 20 other cryptocurrencies as payment methods as well as credit cards, debit cards, and PayPal. Travala was founded in 2017 and is one of the leading open networks for storing money.

In addition to the cryptocurrencies, Travala also established a number of partnerships with blockchain projects and events. The platform also partnered with Korea Blockchain Week 2019 in Seoul where about 40 percent discount will be granted to the attendees on hotel stays. It also joined the Priceline partner network back in august and boosted the list of hotels to 700,000.

The fast-growing company deployed blockchain technology in order to bring cost efficiencies to the travel industry and a loyalty program based on the AVA tokens. The booking site now has to offer more than 90,000 destinations and more than half of million hotels in 230 countries around the world. The site has an equitable transparent pricing model that saves costs where it is 15 to 40 percent cheaper than other online travel agencies.