Connect with us

Coin Market

Soneva’s Luxury Resorts Now Accept Crypto Payments

Published

on

Luxury resort chain Soneva has reportedly begun accepting cryptocurrency payments at its resorts in the Maldives and Thailand. “Accepting cryptocurrencies as a payment method is another example of enabling our international guests to easily make payments from anywhere in the world.”

Soneva Accepts Cryptocurrency Payments

Luxury resort chain Soneva has reportedly begun accepting payments in bitcoin and ethereum at its resorts.

Soneva has three resorts in the Maldives (Soneva Fushi, Soneva Jani, and Soneva in Aqua). The company also has a resort in Thailand (Soneva Kiri). Bitcoin and ether can also be used to pay for Soneva Villa Ownership.

In order to accept cryptocurrencies, Soneva has partnered with two companies: crypto payment solutions provider Triple A and payment platform provider Pomelo Pay. Triple A is licensed by the Singapore Monetary Authority (MAS).

Soneva explained that bitcoin and ether payments are 100% non-refundable but credits can apply per its flexible cancellation policy. The company’s terms and conditions detail that cryptocurrencies will be processed through third parties with their own terms and conditions. “Soneva will only accept and, where required refund, cryptocurrencies for their USD value at the moment of the transactions and excluding any additional fees from the third parties,” its website states.

Bruce Bromley, Soneva’s chief financial officer, notes: “At Soneva, we have always endeavored to be a pioneer in the hospitality industry.” He added:

Accepting cryptocurrencies as a payment method is another example of enabling our international guests to easily make payments from anywhere in the world.

Do you think all resorts should accept cryptocurrency? Let us know in the comments section below.

The post Soneva’s Luxury Resorts Now Accept Crypto Payments first appeared on RealTimeBit.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Coin Market

FTX tries to reclaim $11M from Crypto.com-controlled Alameda account

Published

on

By

Alameda Research has filed complaints against crypto exchange KuCoin and Crypto.com to recover millions in locked funds as FTX prepares to repay users.

Continue Reading

Coin Market

Canadian police praise Tether for 'swift' recovery of stolen funds

Published

on

By

The stablecoin firm previously came under fire from Wyoming Senator Cynthia Lummis for allegedly facilitating illicit finance activities.

Continue Reading

Coin Market

Binance Labs ventures into DeSci with BIO Protocol investment

Published

on

By

The decentralized science DAO supports healthcare efforts that might otherwise not attract sufficient funding and gives stakeholders a say in their management. 

Continue Reading

Trending