Prime Experiences has announced that it will accept crypto payments in the U.S., a move set to revolutionize the luxury yacht charter market. The company is a leader in the industry in conducting digital currency transactions and expects the payment method to expand by 40%, reaching more than 1,400 customers this year.
Looking to Attract More Clients
For its part, Prime Experiences expects to generate profits of $6.5 million in 2021 and double the revenues generated during 2020. The IMARC Group’s projections indicate a 19 percent increase between 2021 and 2026 in the yacht sector. The company aims to attract market users for cryptocurrencies, create new business partnerships, and participate and connect with more users.
The president of the group, Jose David Tobón, said that they are currently in talks with the mayor of Miami, interested in spreading bitcoin and other cryptocurrencies in the region; with this form of currency, many doors have opened. Miami could be the next Silicon Valley, as most big companies like Tesla, Facebook, and Google want to reach the area, and more importantly, with this cryptocurrency, which is unbelievable in the coming years.
Tobón adds that Prime Experiences is more than a charter yacht service since its added benefit is to have full curated experiences. They differ from each other in our leadership in the space of the experience. They not only charter yachts, but we also create experiences for birthdays, business activities, and special occasions for our clients.
Payments in Cryptocurrency
Still in the transport industry, Travala reported that flights could be directly integrated into its network, streamlining on-site bookings of air transport with a steady increase in the global vaccination rollouts.
Some might view Bitcoin payments as an inducement for them to try out the service first and then convert into AVA tokens, which are the backbone of Travala’s de-centralized strategy, backend process, and eventual token economy. It is a lure to get younger, technology-experienced travelers.
Big Tech Companies and Cryptocurrencies
Meanwhile, in October 2020, PayPal announced that its cash or cash-plus accounts, starting 2021, would enable the user to purchase, sell, and keep particular cryptocurrencies. Users can also learn to track crypto through their PayPal app.
Although Amazon does not allow Bitcoin directly as a valid payment method, Bitrefill enables Amazon Gift Cards or gift cards.
Besides taking account of crypto payments, eBay also considered a number of ways for entering the NFT space. eBay Inc. has announced in recent days that it would consider embracing cryptocurrency as a legitimate form of payment in the future.
eBay released a statement saying they are still looking into the most appropriate forms of payment. Stating no imminent plans, they shall still keep an eye on cryptocurrencies.
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