Luxury resort chain Soneva has reportedly begun accepting payments in bitcoin and ethereum

Luxury resort chain Soneva has reportedly begun accepting crypto-currency payments at its resorts in the Maldives and Thailand. “Accepting crypto-currencies as a payment method is another example of allowing our international customers to easily make payments anywhere in the world.

Soneva accepts payments in crypto-currencies.

Soneva has three resorts in the Maldives (Soneva Fushi, Soneva Jani and Soneva in Aqua). The company also has a resort in Thailand (Soneva Kiri). Bitcoin and ether can also be used to pay for ownership of Soneva villas.

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In order to accept crypto-currencies, Soneva has partnered with two companies: crypto-currency payment solutions provider Triple A and payment platform provider Pomelo Pay. Triple A is licensed by the Monetary Authority of Singapore (MAS).

Soneva explained that bitcoin and ether payments are 100 percent non-refundable but credits may apply under its flexible cancellation policy. The company’s terms and conditions detail that crypto-currencies will be processed by third parties with their own terms and conditions. “Soneva will only accept and, if applicable, refund crypto-currencies for their USD value at the time of transactions, excluding any additional fees from third parties“, it reads on its website.

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Bruce Bromley, CFO of Soneva, notes, “At Soneva, we have always strived to be a pioneer in the hospitality industry.“He adds:

Accepting crypto-currencies as a payment method is another example of allowing our international customers to easily make payments from anywhere in the world.

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