Ritzy resort chain Soneva starts accepting cryptocurrency
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Resort chain Soneva starts accepting cryptocurrency in its Maldives and Thailand locations.
Individuals will have the option to pay in Bitcoin or Ethereum in several hotels of the luxury chain. The list includes Soneva Jani, Soneva Fushi, and Soneva in Aqua in the Maldives, as well as Soneva Kiri in Thailand.
Soneva will accept cryptocurrencies for their USD value at the moment of transaction, excluding additional fees from third parties. It’s worth noting that payments in cryptocurrency are not refundable. However, individuals who cancel the reservation will receive credits.
The technical aspect of the payments will be supported by TripleA and Pomelo Pay. The latter is a platform that facilitates crypto payments by providing secure QR codes and links, while TripleA is an easy-to-use crypto payment gateway. It enables individuals to pay without any risk and ensures real-time conversions, locked-in exchange rates, and instant confirmations.
“At Soneva, we have always endeavored to be a pioneer in the hospitality industry hence accepting cryptocurrencies as a payment method is another example of enabling our international guests to easily make payments from anywhere in the world.”—Soneva Chief Financial Officer and deputy CEO Bruce Bromley
Additionally, Soneva Villa Ownership, a company that provides real estate purchases on the territory of the Maldives resorts, has also started accepting cryptocurrency. As Soneva is the only real estate company that offers purchases for international buyers, crypto payments will facilitate the process for both parties, making the Maldives an even more desired destination.
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