UAE based ATS Travel, a premier travel management company, and Payhound, a Malta based regulated provider of fully regulated crypto payment solutions, have partnered to enable ATS Travel to accept cryptocurrency as a form of payment for all its services.

As per the announcement, this new development marks a significant milestone in the Middle East’s travel industry, making ATS Travel the first large-scale travel management company in the region to adopt cryptocurrency for both corporate and leisure travel transactions.

The announcement was made on the sidelines of the Private Luxury Barcelona event by Saleem Sharif, Deputy Managing Director of ATS travel.

ATS Travel’s clients will now have the flexibility to pay for a wide range of travel services, including airline tickets, luxury travel, holiday packages, MICE (Meetings, Incentives, Exhibitions, and Events) services, and more, using leading cryptocurrencies such as Bitcoin, Ethereum, and others, noted Sharif.

He stated, “This initiative is poised to be a game changer in the travel industry and reflects the region’s growing interest in digital currencies and blockchain technology.”

Payhound: Pioneering the Future of Payments

Payhound specializes in crypto payment processing, settlements, and large volume trading, offering businesses a secure and efficient way to accept digital currencies for their products and services.

Mellisa Lamb, Director of Sales, at Payhound added, “We are excited about the prospect of collaborating with ATS Travel to facilitate acceptance of Crypto Currency as a Form of Payment for ATS Travel.”

Khaled Ghubash, Managing Director at ATS Travel added, “By offering cryptocurrency payment options, we are not only meeting the demands of high-net-worth individuals and businesses but also positioning ourselves as leaders in an industry that is moving rapidly toward digitalization. We expect this to open new avenues for business and strengthen our relationships with our clients.”