Crypto Payments for Travel: Effortless Journeys Start
with Effortless Transactions

CoinsPaid payment processor is a platform that optimises payment processing for the travel industry. It allows merchants to accept crypto payments from customers legally and securely.

Here’s how it works:

1. A customer chooses to pay with their preferred cryptocurrency.
2. They initiate the payment through their crypto wallet.
3. CoinsPaid securely processes the transaction.
4. You can choose to receive the payment in crypto or have it instantly converted into your local currency, like dollars or euros.
5. The funds are then deposited directly into your bank account, ready to use.

A 2022 survey found that travel and hospitality were the top sectors where customers wanted to spend crypto, yet this demand remains largely unmet. By accepting crypto, you can stand out from the competition and attract new customers, especially those who are tech-savvy and boast higher incomes.

Accepting crypto offers substantial financial benefits, too. For instance, the airline industry alone spends over $20 billion annually on payment costs. That’s 3% of total revenue and 78% of the industry’s net profit. By adopting crypto as a payment processing method for the travel industry, companies can reduce these costs, with transaction fees ranging from 0.01% to 1.5%, compared to 3.5% to 5% for traditional card payments.

Crypto payments also offer operational advantages, such as faster transaction times that improve cash flow. Bitcoin transactions can settle in as little as 10 minutes, while traditional wire transfers can take several days. Additionally, crypto transactions eliminate the risk of chargebacks.

Yes, accepting cryptocurrency payments is legal in many countries, although regulations can vary by region. Before integrating crypto payments into your travel services, review local laws and compliance requirements to ensure full adherence to regional standards.

We are licensed in Estonia, registered with local regulators in several European countries, and operate as a money services business in the US, which allows us to serve clients internationally.

CoinsPaid supports a range of 20 top cryptocurrencies to meet the needs of various businesses. Major coins like Bitcoin, Litecoin, and USDC are among the most commonly accepted.

Yes, the platform provides options to convert these cryptocurrencies into 40 local fiat currencies such as USD, EUR, and others, giving merchants the opportunity to handle crypto payments while minimising their exposure to market fluctuations.

Funds are settled almost instantly after a customer completes a payment. Moreover, thanks to the nature of blockchain, once a transaction is settled, it cannot be reversed. This creates an added layer of security and eliminates the risk of chargebacks.

CoinsPaid keeps costs straightforward by charging a transaction fee of under 1.5%, with discounted rates for higher transaction volumes. Integration is entirely free, with no hidden charges or monthly fees.

No, our solutions are designed for ease of use, and our dedicated team provides full support during setup and beyond.

We provide 24/7 technical support to assist with any product or business inquiries. Our Support and Technical teams are always available and can be contacted directly. Additionally, every travel business that sets up a wallet with us is assigned a dedicated account manager to help integrate our crypto processing solutions into their payment flow and configure a travel agency merchant account.

To get started, simply submit a request on our website. Within five minutes, one of our managers will contact you via email to schedule a meeting. During this meeting, they’ll walk you through how our system works and answer any questions you might have. We’ll then tailor a customised proposal based on your business model and payment needs.

Once the required KYB check is conducted, we’ll finalise the agreement and assign you a dedicated manager to guide you through the integration process. After the setup is complete, you’ll be ready to accept cryptocurrency payments from your customers.