Despegar accepts payment for hotels and airline tickets with cryptocurrencies

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Travel and package tour booking company, Despegar, has entered into an alliance with Binance that will enable this users in Argentina pay with digital currencies.

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According to the joint press release released by the companies, this provision pays off a Despegar is the first online travel agency in Latin America “to accept virtual currency as a form of payment for any of its products and services, whether on the website or in its App”.

The Latin American company for booking airline tickets and tour packages, Despegar, is innovating and offering new payment options and facilities for more and more people to realize their dream of traveling.

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“We know that the world of cryptocurrencies is already a reality Thus, through this alliance, all Despegar customers in Argentina will be able to approach this universe in a friendly way. We are proud to continue adding new payment alternatives and services so that more and more people realize their dream of traveling,” says Paula Cristi, General Manager of Despegar for Argentina and Uruguay.

The new payment method in crypto takes place through the Binance Pay platformwhich allows you to send and receive cryptocurrency payments worldwide, supported by Inswitch, a leader in banking and payment solutions through financial technology, and responsible for converting cryptocurrencies into local currency.

“Payments are one of the first use cases of cryptocurrencies, and we believe its adoption has plenty of room to grow. Thanks to this alliance, Despegar users will be able to use Binance Pay to pay with the cryptocurrency of their choice. We believe this is an important step in our ongoing efforts to drive global adoption of cryptocurrency in a tangible way, bringing it ever closer to everyday life, said Maximiliano Hinz, Director of Binance for Latam Cono Sur.

“We are delighted with this new alliance with Despegar and Binance, as it fulfills our commitment to democratize the payments industry and allow Despegar customers one more payment method as they embrace the world of cryptocurrency,” says Ronald Alvarenga, CEO of Switch .


Source: Clarin

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