Transforming Travel & Tourism with Crypto Payments
Discover how Big White Crypto is transforming the travel industry with seamless, secure, and globally accessible payment solutions.
Industry Overview
The travel and tourism industry includes airlines, hotels, travel agencies, and tour operators, catering to both leisure and business travelers. It's a global market where high-value transactions and international payments are common.
Challenges in the Industry
- High international transaction fees and currency conversion costs
- High transaction fees for cross-border payments.
- Slow processing times for international bookings.
- Currency conversion complexities for global travelers.
- Fraud risks in online bookings and cancellations.
How Big White Pay Helps
Big White Pay enables travel businesses to accept crypto payments via QR codes at booking counters or online payment links, bypassing traditional payment processors' high fees. The Android APK integrates with hotel or agency terminals for seamless in-person payments. White-label solutions allow large travel brands (e.g., hotel chains) to brand the platform and monitor transactions across locations. AML/KYB and MiCA compliance ensure secure, regulated crypto transactions, reducing fraud risks.
Key Benefits
- Up to 50% reduction in cross-border transaction fees.
- Faster payment processing (near-instant crypto settlements).
- Enhanced customer convenience with crypto spending options.
- Centralized transaction oversight for multi-location brands.
Use Case Example
Real-World Application
A global hotel chain uses Big White Pay's white-label solution to accept crypto at check-in desks. A guest scans a QR code on the terminal to pay for their stay in Bitcoin. The platform handles conversion to fiat, ensures MiCA compliance, and logs the transaction in the chain's centralized dashboard, reducing fees by 40% compared to credit card payments.