Soneva, a luxury resort company with locations in Thailand and the Maldives, recently announced that it will begin taking Bitcoin and Ethereum payments. Soneva Fushi, Soneva Jani, and Soneva in Aqua in the Maldives, as well as Soneva Kiri in Thailand, will provide cryptocurrencies as a method of payment.
Soneva Villa Ownership accepts Bitcoin and Ethereum and claims to be the first and only program in the Maldives to sell real estate to global customers. Soneva has joined forces with TripleA, a supplier of bitcoin payment solutions, and Pomelo Pay, a provider of a payment platform.
TripleA is a licensed organization that allows Soneva’s visitors to make cryptocurrency payments risk-free, with immediate confirmation, fixed exchange rates, real-time conversions, and no chargebacks. In this case, it will be utilized in tandem with Pomelo Pay, a cryptocurrency payment platform that employs QR codes and a proprietary payment link system for further security.
Soneva’s reservations team allows for direct bookings with encrypted bitcoin payment connections. Moreover, Soneva notes that any Bitcoin or Ethereum payments are utterly non-refundable, but that credits may be applicable in accordance with its accommodating cancellation policy.
Accepting cryptocurrency as a payment option is just one more way Soneva is striving to be a leader in the hotel business, as explained by Bruce Bromley, the company’s chief financial officer and deputy CEO.
By 2030, the worldwide crypto industry might be worth as much as $4.94 billion, according to some projections.
