The addition of Travala.com’s native token AVA to the Swipe wallet service and Visa card platform has been announced. Hence, users will be able to spend it at 60 million merchants around the world.
Blockchain-based travel booking services Travala and Swipe are focused on the enhancement of cryptocurrency usability as there is an unusual disruption in the global tourism industry.
Likewise, Apple Pay, Google Pay, and Samsung Pay will start supporting AVA by integrating Swipe. The five hundred thousand individuals who use the multi-asset digital wallet of Swipe will have access to the AVA token.
This comes after leading cryptocurrency exchange Binance acquired Swipe and released a cryptocurrency debit card powered by Swipe known as Binance Card. Likewise, Travala.com started using Binance Chain towards the end of 2019.
Together with the integration of AVA into Swipe’s platform, there will be addition of Swipe’s native token SXP to Travala.com to pay for bookings at more than 2 million hotels across 230 countries.
Due to the partnership between Travala and the three booking firms – Priceline, Expedia, and Booking.com, users can pay for accommodation options listed on their platforms using the token.
Users of Travala can make payments using its AVA token as well as leading cryptocurrency assets, including Bitcoin (BTC), Ether (ETH), Dash (DASH), Bitcoin Cash (BCH), Litecoin (LTC), EOS, Stellar (XLM), Cardano (ADA), Binance Chain (BNB), Monero (XMR), Tron (TRX), XRP and Dai (DAI).
The use of AVA token for payments through Swipe’s Visa debit cards involves instant conversion into fiat currency. Hence, customers can use them anywhere Visa or mobile payment services are accepted.
In recent times, Travala recorded a 205 percent increase in its monthly revenue from April to May, possibly showing its recovery after COVID-19 pandemic affected bookings. Two months ago, the firm merged with TravelByBit, which offers flight bookings services at more than 600 airlines.