Users can now pay with cryptocurrencies for reservations on Airbnb by using crypto gift cards. Airbnb is the world biggest online marketplace for hospitality service, this innovation is made possible by Bitrefill, a Sweden-based firm that provides digital gift cards and mobile phone refill.
Bitrefill announced via a tweet on March 27, that its users can now pay for their bookings with Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Dash (DASH), and Dogecoin (DOGE), the card is technically a voucher product, Bitrefill customers purchase a U.S. dollar equivalent voucher code for reservations on Airbnb with cryptocurrencies which they can use on the platform for reservations.
Finally, our most-requested product is here! Rent your next #AirBnB with crypto!!!https://t.co/JAEUOmnGea#Bitcoin #Ethereum #Dash #Litecoin #Dogecoin pic.twitter.com/AOHmXUkCok— Bitrefill (@bitrefill) March 27, 2019
Bitrefill (@bitrefill), Mar 27,2019.
The service is only available for United States residents for now, and for stays of less than 28 days. users can purchase vouchers worth $25, $50 and $100 increments. As of now, Airbnb itself does not directly accept cryptocurrencies.
The company also provides crypto gift cards for a number of merchants including Netflix, Hulu, eBay, Amazon, and others.
This is not the first time Cryptocurrencies has been featured as a means of payment in the travel industry, in the past Amsterdam Airport which is the main international airport of the Netherlands installed Bitcoin ATM for travelers to convert euro to Bitcoin and Ethereum. Another major player in the travel industry who’s currently accepting Cryptocurrencies is Cheapair who has been accepting Cryptocurrencies for reservations since 2013, the company has also expanded its cryptocurrency payment options by adding 3 altcoins as alternative forms of payment: Bitcoin Cash (BCH), Litecoin (LTC) and Dash (DASH).
Cheapair partnership with Bitpay after Coinbase ends its partnership with the travel agency has ensured that the agency keeps accepting cryptocurrency for reservations.