The cryptocurrency boom reaches the Atlantic Coast: hoteliers want to add them as a means of payment

The cryptocurrency boom reaches the Atlantic Coast: hoteliers want to add them as a means of payment

In this context, the tourism sector began to adapt to new trends and Bitcoin begins to gain ground as a form of payment in accommodation in coastal towns. An example of this is Playa Hotel located in the Buenos Aires town of Pinamar, which has become the first example of how to incorporate digital currencies into daily transactions.

Through a partnership with the firm Kriptonmarket, Playas Hotel offers the opportunity to pay for accommodation with Bitcoin. It is a 4-star hotel that offers rooms whose price range starts from $22,000. “The initiative arises from looking for new alternatives and services for guests in order to be able to implement them in reservations. In this way, the opportunity to pay with Kriptonmarket was presented through a QR system that allows the client to pay with several cryptos: Ethereum , DOC(Dollar on Chain), RBTC and Bitcoin”expressed Gaston Britohotel manager in conversation with Ambit.

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“I see it as a new form of payment. For the user it is totally transparent, there is no surcharge to pay in crypto, it is the same as paying in pesos. Now for the hotel, what is good about this system is that if They pay me with Bitcoin, I receive pesos in the bank account. For the hotelier or merchant, you have two options. Depending on your knowledge of cryptos, you can keep the cryptos, or you convert them into a stable currency and make the transfer to a bank account. But there are different alternatives, each establishment will know what suits them,” he added.

How is it the procedure? through a QR that is scanned, a payment link is sent and the customer selects in which currency to pay. Something, quite similar to virtual wallets. So far, Brito assures that he has already carried out two operations in January and there is a planned reserve with payment in cryptocurrencies for March.

As a hotel we want to enter the niche that cryptocurrency people have and give it more use in everyday life. At the hotel you can pay the reservation and consumption“, affirmed the manager. In turn, he anticipated that he is developing a system so that the client can make the reservation and pay with cryptocurrencies at the moment, without the need for a mediator and go towards a more automated format- so far, the The hotel forwards the link by mail so that the client can pay in the means of payment they want- At the same time, Brito pointed out that the Municipality of Pinamar provides a space for financial education oriented towards cryptocurrencies.

Other options

on the platform Crypto Notices, which works as a digital showcase for Argentines who sell real estate, vehicles and products and only accept cryptocurrencies as a form of payment, rentals of cabins and apartments can be found on the coast and within the country. On the page there is a button to contact the seller directly and establish the terms of the deposit of digital assets.

Some of the options allow you to pay with Bitcoin or stablecoins such as USD Coin, USDT and Tether. Some of the localities with the greatest supply in addition to the Atlantic Coast are: Junín, Pilar and, in the case of the Provinces, Río Negro and Córdoba have the greatest supply. In addition to being able to access temporary rentals, you can also buy offices, premises, garages and other real estate through the same page.

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In addition, at the end of December 2021 another alternative was added. StoreCrypto partnered with Clik Aparts and WGW Developers in Argentina, two real estate companies, so that its users can buy a house, apartment or other property with bitcoin (BTC) and other cryptocurrencies. In Argentina, MercadoLibre and the Oslo Properties real estate company also began accepting purchases of apartments, houses and other properties with bitcoin.

The procedure consists of sending the cryptocurrencies from TiendaCrypto to the real estate account that is also within the platform. The seller can then keep the funds in cryptocurrencies or convert them to dollars and transfer it to their bank. The cost of conversion is the responsibility of the buyer.

TiendaCrypto’s agreement with Clik Aparts and WGW Developers allows properties to be purchased with the two largest cryptocurrencies on the market: bitcoin (BTC) and ether (ETH). In addition, they can be made with four stablecoins, that is, stable digital currencies that are equal to the value of the dollar, without having volatility. These are Tether (USDT), USD Coin (USDC), Binance USD (BUSD), and DAI.

In this frame, the municipalities and the initiatives of their mayors become a relevant actor to promote the development of a still incipient market, but one that is generating more and more followers in Argentina.

Source: Ambito

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