technology
The 'Crypto-Sector' Expands: Hotelgift and Flightgiftcard Accepts Bitcoin as Payment
16 Apr 2018
With the all-out expansion within the crypto sector, there are fresh and promising news that would definitely boost up cryptocurrencies as valuable money. That it is because from this week, Hotelgift and Flightgiftcard will accept payment by cryptocurrency.
So far, and after that move they will become the first hotel and flight gift card brands to do so. Cryptocurrency payments can be made using Bitcoin, Bitcoin Cash and Litecoin, with Ethereum to be added imminently. Buying a gift card with cryptocurrency is as simple as making a payment with a credit card. The Hotelgift and Flightgiftcard platforms are 100 percent global and operate on a multi-currency basis.
“Cryptocurrencies have gone mainstream since 2017”, says Hotelgift and Flightgiftcard founder & CEO, Loes Daniels, “and are now held by many regular households and traditional investors.
“We've felt it necessary to include cryptocurrency as a payment method as we believe that they are here to stay.”
Launched this February, Flightgiftcard is the world’s only cross-airline gift card solution, allowing giftees the flexibility to choose and book flights with over 300 airlines to any of 980 destinations in 70 countries worldwide via the flightgiftcard website.
Similarly, sister brand, Hotelgift, operating since 2014, provides access to over 110,000 hotels in 170 countries globally. Both gift card options are customisable, simple to order and redeem, and can be delivered instantly:
- Purchase a Hotelgift or Flightgiftcard online and add the desired monetary value.
- To deliver the delight, choose from a customisable digital gift card that can be emailed to the recipient or printed for hand delivery; a luxury printed gift card with a handwritten message; or for more impact, record a video greeting to send alongside an ecard.
- The gift cards can be redeemed via the Hotelgift and Flightgiftcard websites. Simply search and book your desired hotel/flight and pay using the code. Any remaining value stays valid for another booking.
- Hotelgift and Flightgiftcards have a generous validity period of two years.
As a practical, personal and prized gift, creating memories that will last forever, Hotelgift and Flightgiftcard will confer ultimate gifting-cred to anyone struggling with a birthday, wedding, anniversary, thank you, Christmas, retirement or office leaving gift idea. This adoption comes after the already trusted traits digital coins have shown off.
In fact, cryptocurrencies provide a secure, and transparent transaction system, that doesn’t involve any intermediary such as a central clearing house which traditional payment systems are based on, thus the cost of transferring funds becomes significantly lower. In addition, since Cryptocurrencies allow for peer to peer transfer of payments, they have the potential to cut down the payment transfer time from days to almost real time.
Despite the fact that cryptocurrencies are not backed by fiat currencies, this has not discouraged people from using them as a means of payments for goods and services. This is due to the fact that transacting with Cryptocurrencies has various advantages over fiat currencies in the digital economy. Cryptocurrencies are based on blockchain technologies that make use of a distributed public ledger to authenticate a transaction.
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