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Soneva Luxury Resorts Begins Accepting Cryptocurrency Payments

Soneva Luxury Resorts Begins Accepting Cryptocurrency Payments


The popularity of cryptocurrency seems all-encompassing. Luxury resort chain Soneva has started accepting payments in cryptocurrency 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," said CFO, Soneva.


Soneva Luxury Cottages in the sea at Maldives


Soneva Accepts Bitcoin and Ethereum Payments

Realizing the mood of the modern traveler, resorts have started accepting payments in cryptocurrencies. The luxury resort chain Soneva has reportedly begun accepting payments in bitcoin and ethereum at its resorts.

Soneva has three luxury resorts in the Maldives. The Soneva Fushi, Soneva Jani, and Soneva in Aqua. The company also has a luxury resort in Thailand named Soneva Kiri. Bitcoin and ether payments will also be valid to pay for Soneva Villa ownership.


Soneva Luxury Resorts Chain has 3 resorts in Maldives and 1 in Thailand


Soneva has partnered with two companies to enable cryptocurrency payments. Crypto payment solutions provider Triple-A and payment platform provider Pomelo Pay. Triple A is licensed by the Singapore Monetary Authority (MAS).

Soneva has explained that bitcoin and ether payments are 100% non-refundable but credits can apply as per its flexible cancellation policy. The terms and conditions of the company need more clarity. The company has said that cryptocurrencies will be processed by third parties according to their terms and conditions. "Soneva will only accept and refund cryptocurrencies for their USD value at the time of the transaction, excluding any additional fees charged by third parties," the 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."

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