Airbnb Explores Crypto Payments — CEO Sees ‘a Revolution Happening in Crypto’

By Clark

Popular travel website Airbnb may before long settle for cryptocurrencies for payments, chief executive officer Brian Chesky has hinted. “Like the revolution in travel, there’s clearly a revolution happening in crypto,” he added.

Airbnb’s CEO Says ‘There Is Clearly a Revolution Happening in Crypto’

The chief executive officer of Airbnb, Brian Chesky, asked on Twitter earlier in the week, “If Airbnb might launch something in 2022, what would it not be?”

On Tuesday, he disclosed that he received 4,000 suggestions, noting that the foremost common one is for his company to just accept crypto payments. He added, “Our existing payments volume = $336  $336 billion processed since 2013,” noting:

“Crypto payments are inclusive of a variety of token ideas.”

Other high suggestions embrace clear valuation displays, a guest loyalty program, updated improvement fees, a lot of semi permanent stays and discounts, higher client service, and “commercial areas (kitchens, co-working).” whereas specifically confirming that Airbnb is trying into business areas, the chief executive officer noted:

Already performing on most, I can look at others currently.

Airbnb operates an internet marketplace within the travel trade. In keeping with its web site, there are presently quite five.6 million listings worldwide. Since its launch in 2007, Airbnb has served quite one billion customers and quite four million hosts have listed their properties on the platform.

The current payment choices Airbnb offers in most countries are Visa, Mastercard, Amex, JCB, and “debit cards that may be processed as credit cards.” Apple Pay, Google Pay, and Paypal also are accepted. Cryptocurrency is presently not a payment possibility on Airbnb.

Chesky was asked in November last year whether or not Airbnb is considering acceptive cryptocurrency. He replied:

We are positively trying. Absolutely. Just like the revolution in travel, there’s clearly a revolution happening in crypto.

Noting that “The founding father of Coinbase was an  early worker of ours,” Chesky disclosed, “We are following the area for quite a while.”

The executive more opined: “The secret is once regular folks perceive however the new technology improved their lives, on the far side the initial excitement. I’m extremely excited regarding sure applications that regular folks might use to measure a stronger standard of living.”

Clark

Head of the technology.

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