Utrust, a cryptocurrency payment solution offering instant transactions, buyer protection, and immediate crypto-to-cash settlements, and Travala.com, a cryptocurrency-friendly travel booking platform today announced a new partnership.
Travala.com will integrate Utrust’s payment solution and Utrust will integrate Travala.com’s native token AVA into its 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 further increasing the reach of AVA to millions of new users globally.
Growing from a small startup in 2017, Travala currently offers 2,000,000+ properties covering 90,124 destinations in 230 countries and territories. Travala.com allows digital currency users to book rooms from major travel industry players including Booking.com, Expedia, and Priceline, providing seamless access to one of the world’s largest accommodation offerings at very competitive rates.
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.”