Whatsapp

ATS Travel to accept Crypto Currency as a Form of Payment

The deal agreed with Payhound will see ATS Travel accepting Crypto currency as a form of payment – a first in the Middle East region
Payhound Partners with ATS Travel to Revolutionize Payment Options with Cryptocurrency

ATS Travel, a premier travel management company, and Payhound, a leading provider of fully regulated crypto payment solutions, are pleased to announce 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.

A First in the Middle East

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.

Payhound: Pioneering the Future of Payments

Payhound, headquartered in Malta, is a fully regulated crypto payment provider with a proven track record of supporting businesses across multiple industries, including iGaming, financial institutions, e-commerce, affiliate marketing, and more. The company specializes in crypto payment processing, settlements, and large volume trading, offering businesses a secure and efficient way to accept digital currencies for their products and services.

A Strategic Move for ATS Travel

The strategic collaboration with Payhound aligns with ATS Travel’s ongoing commitment to providing innovative solutions to its corporate and leisure customers. Khaled Ghubash, Managing Director of ATS Travel, expressed excitement over the proposed partnership, stating, “We are thrilled to be the first travel management company in the Middle East to integrate cryptocurrency payments into our services, once done. This arrangement with Payhound reflects our commitment to offering cutting-edge services that meet the evolving needs of our clients, particularly in a region where cryptocurrency adoption is on the rise.”

www.travelats.com.

Aventura Parks offers the Ultimate Corporate Team Building Activities Mandarin Oriental Mayfair, London to Open on Hanover Square This Winter Enjoy summer skincare bliss at The St. Regis Maldives Vommuli Resort Tourism arrivals in Mauritius on rise in first quarter The Evolution of an Icon, Sunway Resort at Sunway City Kuala Lumpur
196087