Pelorus enables crypto payments for luxury travel

Experiential travel and yachting company, Pelorus, has announced that it now accepts cryptocurrency payments for overseas adventures. Reporting by Jenny Southan

As we predicted in one of our first editions of our premium VOLT newsletter last year, Crypto Trips are becoming a reality as more and more people want to spend their Bitcoin, Ethereum and other digital currencies for real-world goods and experiences.

Always the innovator, Pelorus has now announced that it is leading the way in this space by enabling travel payments with Bitcoin, Ethereum, USD Coin and USD Tether through a partnership with Hayvn.

As a pioneer in the adoption of this technology in travel, Pelorus hopes to enable its highly international customer base to make payments wherever they are in moments, without incurring bank or currency exchange fees or waiting. days for funds to clear.

The Pelorus crypto payment gateway will allow customers heavily invested in crypto assets to secure their reservations without having to convert to traditional currencies, leading to significantly faster processing times and lower transaction fees.

Pelorus can now send customers a simple payment link via email or Whatsapp to complete their booking.

All transactions will undergo a thorough anti-money laundering check to assess the level of risk associated with each crypto-asset received. If the asset was obtained illegally, the asset will be returned and another method of payment will be requested.

Jonathan Wood, Chief Commercial Officer of Hayvn, says, “Our commerce solutions enable businesses like Pelorus to receive cryptocurrency payments from anywhere in the world in seconds. Allowing customers to pay using cryptocurrency opens up a new market for luxury travel and experiences globally. Welcome to the new economy.

Geordie Mackay-Lewis, co-founder and CEO of Pelorus, said, “We are excited to launch cryptocurrency solutions for our customers, which is very much in line with our customer journey and our Web3 strategy. Together with Hayvn, this allows our customers to pay for travel and yacht services seamlessly, without having to convert to fiat first.”