Luxury resort chain Soneva has started accepting cryptocurrency payments at its resorts in the Maldives and Thailand.
Soneva has three resorts in Maldives (Soneva Fushi, Soneva Jani, and Soneva Aqua). The company also has a resort in Thái Lan (Soneva Kiri). Bitcoin and ether can also be used to pay for the Soneva Villa Ownership service.
To accept cryptocurrencies, Soneva has partnered with two companies: a crypto payment solution provider Triple A and payment platform providers Pomelo Pay.
Triple A is licensed by Monetary Authority of Singapore (MAS).
The terms detail that cryptocurrencies will be handled through third parties on their own terms.
Bruce Bromley, Soneva's chief financial officer, notes: “At Soneva, we have always strived to be a pioneer in the hospitality industry.” He added:
Accepting cryptocurrency as a payment method is an example of allowing our international guests to easily make payments from anywhere in the world.