Crypto Payments Provider Partners With Travala Bookings Platform

On Feb. 27, Hong Kong-based cryptocurrency payments provider Crypto.com announced a partnership with cryptocurrency-friendly travel booking platform Travala.com. 

The deal will see Crypto.com’s payment app integrated onto Travala.com website, providing a streamlined gateway for bookings to be made on the platform. Previously, customers needed to manually complete transfers using their wallet when seeking to make purchases using cryptocurrencies.

The companies emphasize that Crypto.com Pay’s 1 million users can now access 2 million accommodations in 230 countries. 

Travala.com customers can use Crypto.com Pay to make payments in Bitcoin (BTC), Ether (ETH), Litecoin (LTC), Ripple (XRP), and Crypto.com’s CRO token. Travala.com now accepts payments via credit card, Paypal, Crypto.com Pay, or 25 different crypto assets.

In a press release shared with Cointelegraph, Crypto.com co-founder and CEO Kris Marszalek said that Travala is “a well-recognized brand in the crypto community.”

Steve Hipwell, Travala.com co-founder and COO, stated that he hopes the partnership will “further drive cryptocurrency adoption to the masses and make paying with cryptocurrency a norm.”

Crypto.com COO Eric Anziani told Cointelegraph that his company is actively pursuing additional partnerships to expand its merchant network.

Crypto.com increases support for stablecoins

Over the past two weeks, Crypto.com has launched support for two new stablecoins.

On Feb. 27, TrustToken (TUSD) announced a partnership launching TUSD payments via Crypto.com’s Visa card. TrustToken says that the deal will allow TUSD to be used for payments with 40 million merchants globally.

On Feb. 17, Crypto.com became the first platform to list XSGD — a Singapore dollar-backed stablecoin developed by blockchain platform Zilliqa and Singaporean fintech firm Xfers.