Tag Archives: Payhound

ATS Travel and Payhound announced a groundbreaking understanding to enable ATS Travel to accept cryptocurrency as a form of payment for all its services. This new development marks a significant milestone in the Middle East’s travel industry, making ATS Travel the first large-scale travel management company in the region to adopt cryptocurrency for both corporate and leisure travel transactions, informed Saleem Sharif, Deputy Managing Director of ATS travel on the sidelines of the travel industry leading event Private Luxury Barcelona, from Private Luxury Events. Under this historic arrangement, ATS Travel’s clients – many of whom are high-net-worth individuals from across the Middle East – will now have the flexibility to pay for a wide range of travel services, including airline tickets, luxury travel, holiday packages, MICE (Meetings, Incentives, Exhibitions, and Events) services, and more, using leading cryptocurrencies such as Bitcoin, Ethereum, and others, informed Sharif. This initiative is poised to be a game changer in the travel industry and reflects the region’s growing interest in digital currencies and blockchain technology, added Sharif. This collaboration is the first of its kind for a company of ATS Travel’s scale and prestige in the Middle East, setting a new benchmark for the industry. With a focus on innovation and forward-thinking business solutions, the understanding with Payhound enables ATS Travel to meet the demands of a tech-savvy, digital-first clientele, particularly those accustomed to high-end services. The implementation of crypto payments is expected to significantly enhance the customer experience by providing seamless, instant, and secure payment options while eliminating the delays and costs typically associated with traditional banking methods, informed Sharif. Payhound, headquartered in Malta, is a fully regulated crypto payment provider with a proven …

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