Travala.com Partners with NEM to offer XEM as Payment Option For Over 2 Million Hotels Globally

Today the NEM Foundation and Travala.com, the leading crypto-friendly hotel booking platform, announced the integration of NEM’s XEM token with the travel website’s platform. In addition to a range of crypto and fiat currencies, Travala.com will now accept XEM, a popular cryptocurrency with a current market cap of over three hundred million dollars. With the acceptance of XEM, Travala.com continues to provide a secure and accessible hotel booking service to crypto holders.

With this integration, the NEM Foundation, a Singapore-registered nonprofit governing board of the NEM blockchain, is adding another example to the list of tangible use-cases for XEM, a Top 30 Coin by market cap. XEM has an active and loyal global community, one that has so far stood the test of crypto and altcoin winter.

Welcoming the Travala.com community, Alex Tinsman, CEO of NEM said: “Travala.com has long been a supporter of the crypto community and a valuable advocate for widespread adoption of cryptocurrencies and blockchain technology. We’re glad to be partnering with them to include XEM on their platform, further underlining our long-term message of scaling the technology for all institutions across all industries.”

This partnership directly follows the news that NEM Foundation is launching their next iteration of blockchain technology in an enterprise solution product developed under the codename Catapult, and recently formally announced as SYMBOL From NEM.

Welcoming XEM holders, Matt Luczynski, CEO of Travala.com said: “We are delighted to welcome NEM as a certified Travel partner and we look forward to XEM holders joining our crypto travel booking community.”

In addition to providing a further use case for the popular token, Travala.com is offering XEM holders up to 40% discounts on over 2,000,000 accommodation bookings made on Travala.com. Travala.com currently accepts over twenty cryptocurrencies as payment as well as Visa, MasterCard, American Express, PayPal and Stripe. In addition to unbeatable prices via its Best Price Guarantee, Smart users on Travala.com enjoy additional discounts, loyalty rewards for eligible bookings made on the platform via its native utility token AVA.

Author: Yash Hirani

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