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 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 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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