Tintswalo Lodges has taken a ground-breaking step by pioneering cryptocurrency payments for lodge accommodation.
The reservations department at Tintswalo has been set up and is ready to process transactions paid for in USDT (Thether). USDT is a user-friendly crypto, offering reliability and predictability that is ideal for international transactions. As a “stablecoin”, USDT’s value is tied to the US dollar, which avoids the volatility commonly associated with the cryptocurrency market.
Cryptocurrency payments are gaining popularity among travellers across the world as service providers in the travel industry increasingly accept crypto for various services, including trips, flights, and hotels.
In a strategic partnership with cryptocurrency payments solution provider Ezee Solutions Group and Pundi X, Tintswalo is embracing technology-driven solutions in the hospitality industry to enhance the payment experience. This significantly reduces costs for both guests and Tintswalo.
Using USDT is as easy as paying with a credit card. Transactions are concluded without the risk of price volatility and payments are generally instant and final, without the need for currency conversion. From Tintswalo’s perspective, this approach reduces expenses associated with processing international payments, creating a win-win situation. Cryptocurrency payments offer an attractive option for customers as they are fast, secure, and minimise the fees associated with cross-border transactions.
Lisa Goosen, CEO of Tintswalo Lodges, says the company is excited to embrace this payment option as a forward-thinking business strategy. “We like to think of this step as revolutionising the world of luxury hospitality. We are open to new technologies and see this as a continuation of the personalised services Tintswalo is proud to offer our guests.”
