Kevin Helms
A student of Austrian economics, Kevin found Bitcoin in 2011 and has been an evangelist ever since. His interests lie in Bitcoin security, open source systems, network effects and the intersection of finance and cryptography.
Soneva’s luxury resorts now accept crypto payments – Featured Bitcoin News
Luxury resort chain Soneva has reportedly started 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 started accepting bitcoin and ethereum payments 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.
To accept cryptocurrencies, Soneva has partnered with two companies: crypto payment solution provider Triple A and payment platform provider Pomelo Pay. Triple A is licensed by the Monetary Authority of Singapore (MAS).
Soneva explained that bitcoin and ether payments are 100% non-refundable, but credits may apply according to its flexible cancellation policy. The company’s terms and conditions state that cryptocurrencies will be processed through third parties with their own terms and conditions. “Soneva will only accept and, where refunds are required, cryptocurrencies for their USD value at the time of the transaction and excludes any additional fees from third parties,” the website states.
Bruce Bromley, Soneva’s CFO, notes: “At Soneva, we have always strived 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.
Image credit: Shutterstock, Pixabay, Wiki Commons
Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or an endorsement or recommendation of products, services or companies. Bitcoin.com does not provide investment, tax, legal or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on content, goods or services mentioned in this article.
