Users of Airbnb might soon be able to use cryptocurrency to pay for their bookings

Users of Airbnb might soon be able to use cryptocurrency to pay for their bookings
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BUSINESS/lifestyle

Users of Airbnb might soon be able to use cryptocurrency to pay for their bookings

Cryptocurrency may soon join Visa, MasterCard, Apple Pay, Google Pay, and also PayPal as an accepted payment method on the vacation lodging behemoth Airbnb.

01/10/2022

CEO Brian Chesky teased the new functionality in a Twitter poll, along with other top consumer ideas.

Last year, cryptocurrencies, particularly Bitcoin, Ethereum, Axie Infinity (AXS), and The Sandbox (SAND), dominated the market. The decentralized digital currency is thought to be one of the fastest-moving assets in the economy, with investors betting on a profitable 2022.

And Airbnb, the Internet marketplace specializing in lodging and tourism, has gotten the memo. Its CEO, Brian Chesky, recently intimated on Twitter that the business has been experimenting with the idea of making digital money a payment option, according to the report.

Cryptocurrency payments are at the top of all customer request for Airbnb

This revelation comes after Chesky recently asked his followers on Twitter. “If Airbnb could launch anything in 2022, what would it be?” ” Following a flurry of likes, retweets, and nearly 4,000 recommendations. He disclosed that the most popular request was to integrate cryptocurrency payments as a payment mechanism.

Many users suggested that he start by accepting Bitcoin, Ethereum, and Shiba Inu.

In addition, most crypto users are now having difficulty making foreign payments, and just a few booking behemoths such as Booking.com. Also, Expedia have jumped on board the crypto bandwagon.

2022 will enter in a new era in travel and hospitality

In fact, other suggestions from Airbnb customers include more long-term stays and discounts, clear pricing displays, updated cleaning fees, a guest reward program, better customer service, and more long-term stays. Chesky then stated that he was already working on the most of them and promised to investigate the other ones.

Since 2013, Airbnb is estimates to have received $336 billion in payments (roughly Rs 24 lakh crores) and accepts payments via credit cards, and also popular digital wallets. According to NDTV, Chesky noted that if they include crypto in this roster, the corporation would include a range of token ideas.

Airbnb currently has over 5.6 million listings globally and has served over a billion consumers and four million hosts since its launch in 2008. We’re convinced that 2022 will usher in a new era in travel and hospitality.

By Elah Mae Ariate Wozinga Staff

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