On February 27, 2020, the crypto payment provider, Crypto.com, announced a partnership with Travala.com, a crypto-friendly travel booking platform.
Payment Via Crypto.com Becomes Much Easier
According to the report, over 1 million users of the Crypto.com app could now easily get details of hotels in 230 countries. Travala.com would also provide up to 40 percent discount to the app users while booking the hotel and would also accept the payment made via Crypto.com Pay. The travel firm would not only accept CRO but also the Bitcoin, Litecoin, Ethereum, Huobi Token and Ripple XRP.
The partnership between the two companies gives leverage to the app users, as they could now have access to all of Travala.com’s hotel inventory. The report mentioned that if the customer would make payment using CRO, native token of Crypto.com, then Travala.com would give them 10 percent cash back, but this giveaway would last until June 30, 2020.
While speaking about the company’s partnership with Crypto.com, the co-founder and the COO of Travala.com stated, “I hope the partnership will further drive cryptocurrency adoption to the masses and make paying with cryptocurrency a norm”.
The COO of Crypto.com, Eric Anziani said that the wants to expand its merchant network and therefore, the company has been collaborating with many other companies.
Crypto.com Supports Two Other Stablecoin
According to the report, a few weeks ago, Crypto.com launched its support for two new stablecoins also.
The report mentioned that on February 27, 2020, Crypto.com also collaborated with TrustToken (TUSD) to integrate TUSD payments via its own Visa card. TrustToken has stated that the now 40 million merchants could use TUSD for payments.
Crypto.com also listed a Singapore dollar-backed stablecoin, XSGD, on its platform on February 17, 2020. The stablecoin has been developed by a blockchain platform Zilliqa and Singaporean fintech firm Xfers.