Travala.com will integrate Utrust’s payment solution for travel bookings and Utrust will add AVA to its payment processor available on leading platforms such as Magento, WordPress or Phone House
Braga, Portugal and London, UK —29 July, 2020 — Utrust, the leading cryptocurrency payment solution offering instant transactions, buyer protection, and immediate crypto-to-cash settlements, and Travala.com, the leading blockchain-based booking platform backed by Binance are announcing they’re entering into a strategic partnership.
Utrust will be integrating Travala.com’ native cryptocurrency AVA into their service. This will allow AVA token holders to make payments with any of Utrust’s growing number of elite merchants, such as SL.Benfica, Luís Onofre, or Phone House, as well as leading online platforms such as Magento and WordPress that provided access to the platform to a combination of over 4.000.000 webstores, further increasing the reach of AVA to millions of new users globally.
Here’s what Travala.com’s CEO, Juan Otero, had to say: “Getting AVA out into the world, and helping people get access to the tremendous advantages of blockchain technology is a big part of what we’re about. With Utrust, we are not only entering a fantastic ecosystem for Travala.com, we are also opening the world up to AVA that will soon be available on leading platforms such as Magento and WordPress reaching millions of new users worldwide.”
The online travel business is forecast to exceed $1 trillion in value by 2022, and by adding Travala.com to an ecosystem that already includes Alternative Airlines, Utrust is now able to provide its users with everything that is needed to book travel. The Utrust payment platform has celebrated partnerships in the recent past with Magento and WordPress that provided access to the platform to a combination of over 4.000.000 webstores. Now, thanks to Travala.com and this gateway integration, Utrust users have gained access to a vast new market, with 2.000.000+ properties to choose from.
Utrust’s CEO, Sanja Kon, commented: “Travel is everything to people. It’s both the most important hobby in many of our lives and a key aspect of doing business. People both love it and need it. There’s no questioning that we would want to bring the power and transparency of digital currencies to this market. This is how we change the world.”
Utrust is the leading cryptocurrency payment solution designed to modernize the finance and payments industry and solve the problems of traditional payment methods by offering instant transactions, buyer protection and immediate crypto-to-cash settlements for the merchant. The Utrust platform went live in 2019 when football club S.L. Benfica came on board as the first merchant and the first major European football club to accept cryptocurrency. Utrust has since added Phone House Portugal, Alternative Airlines, Luis Onofre and dozens of other major e-commerce stores to its growing list of merchants. For more information, visit: www.utrust.com
Founded in 2017, Travala.com is the leading cryptocurrency-friendly travel booking service with 2,200,000+ hotels and homes in 230 countries and 600 airlines globally. Backed by industry-giant Binance, Travala.com is a champion of cryptocurrency adoption, accepting over 30 leading cryptocurrencies in addition to traditional payment methods. The Travala.com value proposition is bolstered by AVA. As the native cryptocurrency of the platform, AVA can be used for payments, receiving loyalty rewards, discounts and bonuses, among several other use cases. For more information, visit: www.travala.com