In the world of travel, cryptocurrencies are finding their place. Binance and Despegar shared a statement, highlighting the emerging trend of Latin Americans using cryptocurrency for their adventures. Mainly, the most popular destinations are in Argentina.

In Argentina, Mexico, and Colombia, the travel company Despegar has taken a bold step by integrating cryptocurrency as a fresh payment method, all thanks to Binance Pay. This partnership not only provides users with more options to purchase their trips, but also marks a foray into the new financial era.

The collaboration between both companies was not limited to the transactional aspect. The destinations and services most in demand by those who choose cryptocurrencies as their form of payment were carefully analyzed. This collaborative approach seeks to better understand the changing preferences of travelers.

Binance, the renowned exchange platform, has highlighted the national destinations most requested by Argentine tourists. Among them are Buenos Aires, San Carlos de Bariloche, Córdoba and Puerto Iguazú. In Mexican lands, Cancun dominates the election, while in Colombia, Bogotá prevails as the favorite.

Speaking of international destinations, preferences vary. Madrid tops the list, closely followed by Santiago de Chile. Barcelona and New York are also on the list, followed by Miami and finally Lima. These cities capture the imagination of crypto travelers.

“Among Despegar users who opt for cryptocurrencies in Argentina, Mexico and Colombia, 83 % choose to buy plane tickets, while 6 % look for activities and transfers. In addition, 6 % reserve hotels, 3 % purchase tour packages and 2 % rent cars,” Binance clarified. Adding, “Regarding destinations, 63 % prefer travel within the country, while 38 % venture to international destinations.”

The synergy between the company Inswitch, which facilitates the exchange of cryptocurrencies into local currency, and Binance, which enables payments and transfers, paves the way for Despegar to accept cryptocurrencies in any product or service, whether on its web platform or mobile application.

Travelers give preference to cryptocurrency payments

Daniel Zelmann, Product Director of Despegar, has expressed: “We continue to diversify our financing methods so that all travelers can experience the best adventures. Becoming the first online travel agency in Latin America to accept cryptocurrencies as a form of payment fills us with pride.”

Min Lin, Binance Regional Vice President for Latin America, commented: “Cryptocurrency adoption continues its rapid rise in Latin America, as new options emerge to combine the world of crypto with traditional payment methods. We see immense potential in continuing to develop platforms, products and services for various industries, both physically and virtually, throughout the region.”

According to a Deloitte Research report, “nearly 75 % of US consumer companies plan to accept cryptocurrency by the end of 2023, and 87 % agree this will give them a competitive advantage.”

“In Latin America, cryptocurrencies are mainly used as a payment method for everyday purchases, with clothing, supermarkets, restaurants, and car transport services being the leading categories,” according to data provided by Binance.

Thus, it highlights how the adoption of new technologies is gaining ground in the region, opening doors to new payment options to access products and services that were previously only available through traditional methods.

K. Tovar

Source: Cointelegraph

(Reference image source: Thought Catalog, Unsplash)

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The United States will open its borders this week to vaccinated international travelers after 20 months of closure due to the coronavirus pandemic. This measure will be carried out at the land, air and sea borders and a day of incidents is expected.

The new policy will end non-essential travel restrictions that were first enforced in March 2020, although Americans had no restrictions on returning home.

Until now, only foreigners with permanent residence and holders of specific visas (such as students) have been able to enter the country from the affected regions. To get there, many foreigners have had to first go through Mexico or Costa Rica, remain in quarantine for two weeks, and then fly to the United States.

Travelers will need to present proof of complete regimen of one of the six vaccines authorized by the WHO: Moderna, Pfizer, Janssen, AstraZeneca, Sinovac and Sinopharm. Others, like Sputnik, are not allowed.

Travelers must also present a negative PCR or antigen test carried out no later than three days before the trip. Those under 18 do not need to be vaccinated, but a negative test for those over 2 years of age is a must.

Source: dpa

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The announcement by the United States Government that it would reopen its borders to those vaccinated against Covid-19 increased the interest of Europeans to travel to one of their favorite international destinations and reservations have shot up to 400 % this week, according to the Civitatis tourist visit platform.

This Monday, the United States Government made one of the most anticipated announcements for the tourism sector: the country will allow the entry of vaccinated travelers from the European Union and the United Kingdom from November. With this announcement finishes a year and a half of restrictions on the entry of tourists to the United States.

The consequences of the White House decision have not been long in coming, and after the announcement of this reopening in November, interest in the US has skyrocketed and, with it, the reservations.

At Civitatis, a company that sells guided tours, excursions and free tours in Spanish around the world, they have registered an increase in reservations to US destinations such as New York, Miami or San Francisco of 400 % after the information issued by the US government .

The White House announced this week that it is lifting the travel restrictions that were in force in the context of the coronavirus pandemic, allowing since early November the entry of international passengers from the EU and the United Kingdom who are “fully vaccinated.”

Since the outbreak of the pandemic, the United States had restricted entry to citizens of up to 33 countries due to the high incidence of coronavirus, including the European Union.

Source: dpa

La entrada Reservations to travel to the US are on the rise apareció primero en Bitfinance.

The White House announced that it is lifting the travel restrictions that were in force in the context of the coronavirus pandemic, allowing since the beginning of November the entry of international passengers from the European Union (EU) and the United Kingdom who are “fully vaccinated.”

“As of early November, foreign citizens traveling to the United States must be fully vaccinated and show proof of vaccination before boarding a plane bound” to the North American country, stressed the White House Covid-19 coordinator, Jeffrey Zients.

Since the outbreak of the pandemic, the United States had restricted entry to citizens of up to 33 countries due to the high incidence of coronavirus, including the European Union.

In addition to this measure, Zients also pointed out that other additional tests will be necessary, such as the obligation of foreigners to submit to a test three days before leaving the United States. However, upon arrival, international travelers will not have to undergo any kind of quarantine.

For their part, unvaccinated Americans will be “subject to stricter testing requirements” and will have to undergo a Covid-19 test if they are not immunized, one before traveling and another upon return to the national territory.

Following the news, UK Prime Minister Boris Johnson celebrated the end of restrictions on international travelers, being “delighted” by this “fantastic boost for business and commerce.”

Through his Twitter account, he also stressed that this is “great” news, as it will allow “family and friends from both sides of the pond to meet“.

Source: dpa

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The Venezuelan airline Turpial Airlines reported, through an account on the social network Instagram, that it will admit new payment methods and customers will be able to cancel their internal travel tickets with Bitcoin, Paypal and Zelle.

The company also explained the procedure that users must follow to validate their payment. Passengers must provide the transaction confirmation code and the name of the account holder to the company so that it can process the payment of the tickets.

The company Turpial Airlines offers national and international flights and “operates with three Boeing 737-400s”, with capacity for 114 people that can be placed in two classes. It is based at the Arturo Michelena international airport, in Valencia, Carabobo state.

The national destinations are directed to the cities of Valencia, Porlamar, Puerto Ordaz and Maracaibo, while its international flights are to Panama, Santo Domingo, Punta Cana and Cancun.

Venezuela has been experiencing hyperinflation in recent years reaching an annual rate on the order of 6,500 % and many citizens have turned to crypto assets as a way to protect themselves from the devaluation of the official currency. Currently, the country ranks seventh in the use of cryptocurrencies, according to the report published by Chainalysis entitled “Global Crypto Adoption Index.”

M. Rodríguez

Source: cointelegraph

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