Swipe today announced that they have added AVA to their wallet service and Visa platform. The addition of Travala.com’s native token means that users can spend AVA at over 60 million places across the globe. With Swipe’s digital wallet boasting more than half a million users, today’s announcement is ground-breaking for the crypto industry.
The move comes as the global travel industry is in crisis due to the coronavirus pandemic, although Travala.com did grow its monthly revenue 205% from April to May. Whether or not a recovery is underway, the addition of AVA to Swipe’s platform will increase the cryptocurrency’s utility.
Thanks to integration with Apple Pay, Google Pay, and Samsung Pay, Swipe users will have no difficulty using Travala’s AVA token. In a reciprocal agreement, Travala.com has also added SXP as a preferred payment option on its site. Users can easily book rooms at more than 2 million hotels in 230 different countries using SXP, which is Swipe’s native token.
Users have access to accommodations available at top-tier travel sites such as Priceline, Booking.com, and Expedia. Earlier, all three companies reached agreements with Swipe to support cryptocurrencies. At the moment Travala accepts Bitcoin (BTC), Cardano (ADA), Binance Chain (BNB), Monero (XMR), Tron (TRX), XRP, Dai (DAI), Bitcoin Cash (BCH), Litecoin (LTC), Ether (ETH), Dash (DASH), EOS, and Stellar (XLM), as well as AVA.
Of the move, Travala CEO Juan Otero said, “Swipe is an amazing company with industry-leading products and an A-grade team. The impact for our token holders being able to spend anywhere in the world is a dream. Almost equally exciting is the opportunity for SXP holders to be booking travel directly from us.”
Swipe was acquired earlier this year by Binance. The digital wallet and Visa card platform makes it easy to buy, sell, spend, and transfer more than 30 different cryptocurrency options.
For more information about the announcement visit travala.com.