Global Travel company Travala.com is now accepting Bitcoin Payments on the Lightning Network using OpenNode

OpenNode, an industry leader in Bitcoin payments, announced today that the global travel company Travala.com is now accepting Bitcoin payments on the Lightning Network using OpenNode. Travala.com offers over 3 million travel products around the world that you can now use Bitcoin Lightning Network payments to purchase.

Juan Otero, CEO of Travala.com, commented, “The Lightning Network is a significant and much-needed step for global crypto adoption. At Travala.com, we’re constantly exploring ways to further bridge the gap between blockchain and travel, so working with OpenNode to enable Bitcoin payments on the Lightning Network was a natural fit for us to continue innovating towards the future of travel.”

Recommended News : Predictions Series 2022: Interview with Param Kahlon, Chief Product Officer at UiPath

Together OpenNode and Travala.com are showing the world that Bitcoin can be used as a medium of exchange to travel to anywhere in the world. Travala.com has already been accepting Bitcoin but with this integration, their platform can now accept Bitcoin payments instantly at a fraction of the cost and energy consumption of on-chain Bitcoin payments.

Steve Hipwell, COO of Travala.com, commented, “Improving the customer experience is always the number one priority on our list. With OpenNode’s Lightning Network solution, travelers can book their trips with the world’s most popular cryptocurrency faster and cheaper than ever before.”

Ryan Flowers, Head of Marketing at OpenNode, commented, “Working with Travala.com is exciting because we can showcase that Bitcoin can act as a medium of exchange and improve payments for the entire travel industry. The travel industry suffers from the downfalls of traditional currencies such as chargeback fraud, long settlement times, and high processing fees and with Bitcoin payments on the Lightning network, we can solve all of these issues.”

Recommended AI News: C Ventures Backed RTFKT to be Acquired by NIKE

[To share your insights with us, please write to sghosh@martechseries.com]