Soneva Accepts Payment in Bitcoin and Ethereum Cryptocurrencies

Bookings can be made directly with Soneva’s reservations department and payment links can be arranged securely, from anywhere in the world.

Soneva is now accepting Bitcoin and Ethereum cryptocurrencies across each of its resorts in the Maldives and Thailand. Continually welcoming innovation to allow guests to personalise their bespoke experience before, during and after their stay, Soneva now offers its guests the flexibility to choose the best payment option to suit their needs.

The payment channel is designed to make the transaction process easier and offer the utmost peace of mind so that guests can now confidently make secure international payments at Soneva Fushi, Soneva Jani and Soneva in Aqua in the Maldives, and Soneva Kiri in Thailand. Both Bitcoin and Ethereum can also be used for Soneva Villa Ownership, the first and only scheme that offers real estate to foreign buyers in the Maldives, with all appropriate controls and compliance in place.

Soneva has partnered with cryptocurrency payments solutions provider TripleA and payment platform provider Pomelo Pay to expand its payment options and remove barriers to luxury travel. As a licensed cryptocurrency payments solutions provider, TripleA enables Soneva’s guests to make crypto payments without any risk of price volatility, offering instant confirmation, locked-in exchange rates, real-time conversions and no chargebacks. Used in conjunction with Pomelo Pay, a single frictionless payment platform, it facilitates cryptocurrency payments using secure QR code and payment link technology.

Bookings can be made directly with Soneva’s reservations department and payment links can be arranged securely, from anywhere in the world. While any payments made using Bitcoin or Ethereum are 100 per cent non-refundable, credits can apply in line with Soneva’s flexible Payment and Cancellation Policy, which was introduced in response to the COVID-19 pandemic to help guests book their stay with confidence.

Cryptocurrency payments are becoming increasingly popular among travellers across the world, with the global crypto market projected to reach USD 4.94 billion by 2030. Tagged as the ‘currency of the future’, cryptocurrencies also have the potential to help decarbonize unreliable power grids and be a driver for countries to meet their climate goals faster. As the industry makes progress towards greater sustainability, it is also becoming an essential part of developing a carbon-neutral energy grid.