Two Hotels in Seville, Spain, to Take Crypto Payments Amid Coronavirus

Pandemic offers Europe's tourism industry the chance of an upgrade |  Financial Times

Seville is pacing the shift towards crypto payments. The favorite destination for most tourists is now digitizing into a crypto city! Just recently, two popular hotels shared with the public that they’ll soon start accepting cryptocurrencies.

Customers can now book rooms at Hotel Bécquer and Hotel Kivir using their digital assets.

The Agreement 

According to insights from Diario de Sevilla, the two hotels entered an agreement with local exchange Criptan to provide a crypto payment gateway for their hotel visitors. 

Hotel Bécquer is a large 134-suite hotel situated where Marquises once was, while the 31-suite Kivir sits in Seville’s Old Town.

Criptan’s partnership with the two 4-star hotels has added to the list of crypto-friendly retail stores and tourism-focused businesses throughout Spain that accept digital currency like bitcoin.

The managing director of both guest houses, Alejandro Rodríguez, is optimistic about the increasing use of cryptos on the tourism front which has suffered severely throughout coronavirus.

“It is impressive that Tourism is one of the first industries to embrace this new payment avenue with all its pros at the local and global level and the likelihood of worldwide adoption.

According to the agreement, Criptan will do all the crypto payments processing, but both guest houses will receive all the money in fiat currency (euros).

COVID Pushes Hotel Admins to Cater for Digital Currency Lovers

Speaking to Diario de Sevilla, representatives from Criptan said embedding such solutions to Bed & Breakfast services like Bécquer and Kivir goes in line with European regulation PSD2, whose goal is to:

 “Boost security in Europe, promote innovation, and favor the adaptation of banking services to new technologies.”

Sevilla has long been a hot spot for crypto adoption. Last year in December, news sources revealed that a metropolis in Sevilla had rolled out its own digital currency. Its mission is to persuade the locals and retailers to transact in crypto amid a COVID-impacted economy.

Author Bio: Blair Thomas has been a music producer, bouncer, screenwriter and for over a decade has been proud Co-Founder of eMerchantBroker, the highest-rated high-risk merchant account processor in the country. Blair is also an expert in crypto payments. He has climbed in the Himalayas, survived a hurricane, and lived on a gold mine in the Yukon. He currently calls Thailand his home with a lifetime collection of his favorite books.