TripReMIT for Travelers
Payment technology has seen rapid evolution over the last few decades and the appearance of new currency and asset classes continue to shake up the payment industry. Cryptocurrency is fast becoming a global currency and is seeing wider acceptance as a payment type. A global industry, such as travel businesses, can realize benefits by accepting global currencies, such as BITCOIN and ETHER, the asset unit based on the ETHEREUM blockchain.
Introducing TripReMIT, a scalable payment portal that provides small and medium sized travel businesses the ability to accept cryptocurrency payments. TripReMIT is designed to work seamlessly with existing travel websites and mobile apps, delivering the following benefits to travelers:
- Offers a convenient payment option for cryptocurrency users
- Provides consistent valuations across regions based on global cryptocurrency market pricing
- Delivers a secure and trackable method for travel customers to purchase travel products and services with cryptocurrency
TripReMIT processes payments for category leaders, BITCOIN and ETHER, the asset unit based on the ETHEREUM blockchain.
Actual cryptocurrency use in purchasing goods and services has been up for debate but recent statistics suggest a growing appetite for use of digital currencies as a payment method. In 2023, $8.4 billion (USD) was spent in retail purchases using cryptocurrency but that number is forecasted to explode to over $70 billion (USD) by 2030, representing a CAGR of 42.4%. (Market Research Future). Consumer mindset is slowly shifting towards lifestyle adoption of cryptocurrencies and the global nature of the travel business makes it an ideal avenue for the technology.
TripReMIT delivers tangible benefits to the travel business such as:
- Additional acceptance options that offer convenience to travel clients
- Seamless brand integration and marketing styles for website and mobile app platforms
- Real time notifications of payments and remittance as well as customizable reporting
- Cold wallet storage for additional layers of security
Accepting cryptocurrency for travel payments can unlock a brand new demographic for travel brands as more consumers adopt and use cryptocurrencies on a daily basis. Geographical advantages can also be realized by accepting global currencies such as BITCOIN and ETHER, the asset based on the ETHEREUM network.
TripReMIT for Travel Businesses
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