Travel Industry Faces Crypto Boom: Time to Accept Digital Payments
18 February 2025 – Custom Travel Solutions (CTS), the software-as-a-service private-label platform for closed-user groups such as membership organizations and loyalty programs to sell travel, is ahead of the curve in recognizing the growing demand for cryptocurrency payments in the travel sector.
As cryptocurrency valuations soar, many consumers increasingly want to spend their digital coins on travel. In response to this trend, CTS is opening its platform to over 1000 cryptocurrencies, including the most popular coins, allowing members to book holidays, work trips, and vacations with a simple, cost-effective payment solution. With this step, CTS is becoming one of the first in the travel subscription industry to fully embrace Web3 technologies and offer customers the ability to pay using cryptocurrency.
Cryptocurrency offers multiple benefits to both consumers and the travel trade. Eliminating intermediaries like banks significantly reduces fees, streamlines transactions, and ensures faster processing for instant booking confirmations, even at the last minute. Moreover, crypto payment options offer increased financial security, transparency, and privacy thanks to blockchain technology, which safeguards financial data and mitigates fraud risks.
CTS’s integration with cryptocurrency payment systems offers unmatched flexibility, making it easier for travelers worldwide, including those from regions with limited access to traditional banking systems, to engage with the global travel economy. By embracing this change, CTS caters to a tech-savvy, crypto-friendly audience while supporting financial inclusivity.
“As blockchain technology and decentralized finance continue to grow, it’s essential for the travel industry to adapt and meet the changing preferences of consumers. By introducing cryptocurrency payment options, CTS is not just providing a new way to pay—it’s helping the industry evolve to meet the needs of modern travelers,” said Mike Putman, CEO and Founder at CTS. “Already, we’re seeing strong traction from customers leveraging cryptocurrency, which solidifies our position as a forward-thinking leader in travel, offering an inclusive, flexible, and future-ready platform.”
With the growing use of crypto wallets, CTS is reinforcing its commitment to innovation and ensuring its platform remains an industry leader, providing cutting-edge solutions to meet the evolving demands of the global travel market.
Founded in 2015, CTS is a global leader in software-as-a-service private-label platforms tailored for closed-user groups, including membership organizations and loyalty programs. With customizable solutions such as accommodation APIs, private-label platforms, and loyalty catalogs, CTS has serviced millions of members worldwide. The company employs over 60 people globally and is a Silver Magellan Award Winner for Best White-Label Travel Club Provider.
For more information, visit customtravelsolutions.com.
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