NEM Foundation has announced that they have negotiated a <a href="https://blog.travala.com/travala-com-partners-with-nem-to-offer-xem-as-payment-option-for-over-2-million-hotels-globally/">deal</a> with XEM, which makes NEM, the native token on the leading crypto hotel booking platform. XEM has a worldwide reach, and it is available for booking in over 2 million hotels. Travala, a hotel and accommodation firm, which offers breath-taking and consumer-friendly means by blending decentralization and tokenized incentive structures, made it known through its announcement that it is bringing NEM’s XEM token onboard.

The integration of XEM would provide the platform to use the cryptocurrency in 2 million hotels which cover 230 countries. Travala went on record and said that the introduction of XEM would provide customers with a secure and alternative way to make a payment, but also put their crypto assets into use. To encourage the cryptocurrency usage as a mode of payment, users can avail a 40% discount in over 2 million lodges where Travala offers hotel services and bookings. Ergo, bringing the cryptocurrency into play offers its admirers an alternative which is cost-effective too.

Travala suggests that <a href="https://www.cryptoknowmics.com/news/nem-ventures-invests-in-crypto-service-platform-cyclebit">NEM</a> is a top-notch and reputed platform, and has held its ground even when travesties have hit cryptocurrencies. The CEO of NEM not-for-profit foundation, Alex Tinsman, lavished praise on Travala for the role it has played in increasing crypto and blockchain adoption across the globe.

“We’re glad to be partnering with them to include XEM on their platform, further underlining our long-term message of scaling the technology for all institutions across all industries,” Alex said.
<h2>The Deal With XEM Offers Multi-Crypto Options</h2>
More than 20 cryptocurrencies which include Bitcoin, Ethereum, Tron, and many more are eligible for bookings via XEM. Apart from crypto, the existing options on Travala to make payments are Visa, MasterCard, American Express, Paypal and Stripe. Travala allows booking at a considerably less rate, and also provides extra; loyalty rewards who book by its token AVA.

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NEM Partners With XEM to Allow Crypto Payments For Booking

NEM Foundation has struck a deal with XEM in order to enable its native token on XEM, which is a leading booking platform.

Zain is a fervid fan of bitcoin and has been meticulously covering the field for a fair amount of time now. An aficionado of Spider man, Liverpool and Slim Shady.

NEM Partners With XEM to Allow Crypto Payments For Booking

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