One of the most famous and prominent luxury hotel brands from the United States has just made a thrilling announcement for the crypto-community. The Kessler Collection has announced that following the amount of adoption and cryptocurrencies around the world, it has also decided to experiment in this sector.
The Kessler Collection hotel brand has announced that it now allows the visitors and customers to pay for the services at the hotel through cryptocurrencies. It has been announced by the hotel brand that for now, the customers will be allowed to make payments through major cryptocurrencies.
The hotel brand made a press release around the adoption of the crypto-payments for its services on Tuesday, March 9, 2021. While announcing the new service and method for the acceptance of the payments, the firm also announced the crypto-firm it has partnered with.
According to the press release details, the Kessler Collection Hotel has acquired the services of BitPay. Both firms have announced their partnership after launching the platform that the users can operate in order to make payments through Bitcoin (BTC).
BitPay has emerged as one of the most adopted and popular BTC to Fiat or vice versa payment solutions in the United States. BitPay is also known for being a reliable and well-renowned payment gateway for other cryptocurrencies.
The luxury hotel chain has also revealed the names of the cryptocurrencies that the customers will be able to use through the platform, apart from Bitcoin (BTC) to make payments.
Some of the major Bitcoin (BTC) alternative payment methods include Gemini Dollar (GUSD), Binance USD (BUSD), Paxos Standard (PAX), and USD Coin (USDC). These cryptocurrencies have been listed as the stablecoin payment currencies that the customers will be able to use.
Apart from the above, the customers will also be able to use altcoins such as Dogecoin (DOGE) and Ether (ETH).
With the latest move made by the Kessler Collection Luxury Hotel Brand, it has now become one of the latest hotel chains that have adopted the cryptocurrency payments platform.
Similar to many other hotel brands and sectors, Kessler Collection has had the opportunity to partner with BitPay in order to execute the plan. In the past, several other companies have partnered with BitPay in order to make payments through Bitcoin (BTC) and other major cryptocurrencies.
BitPay has been observing fast adoption and growth when it comes to being adopted by retailers and companies from the United States.
The chief financial officer of the Kessler Collection Luxury Hotel chain, Fravy Collazo also talked about the benefits of offering cryptocurrency payment methods to the customers.
Collazo stated that this service will turn out to be extremely beneficial for the tourists and foreigners who come in to stay at the Kessler Collection chains.
With the new payment method, foreigners will no longer have to worry about forex rates as they will be making payments through cryptocurrencies.