Capella Hotel Group Enters The Digital Age With Acceptance Of Digital Payment Tokens
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Capella Hotel Group is leading luxury hospitality into the digital future
Capella Hotel Group is leading the way in luxury hospitality by announcing the acceptance of Digital Payment Tokens (DPTs) at its premier locations, Capella Singapore and Patina Maldives, Fari Islands. Recognising the growing demand for secure and convenient payment options, the group has partnered with dtcpay, a licensed payment service provider in Singapore, to facilitate seamless transactions for guests without the concern of price volatility.
Going Digital
At Capella Singapore, you can effortlessly complete transactions by simply scanning a QR code at the front desk during check-in or check-out, using their preferred digital wallets. This innovative approach allows payments for all room charges at the time of checkout, enhancing the overall guest experience.
Moreover, for those enjoying the serene surroundings of Patina Maldives, payments can be made through a secure link, ensuring a hassle-free process that complements the tranquil environment. The collaboration with dtcpay allows the acceptance of various digital currencies, including WUSD (Worldwide USD), USDT (Tether), USDC (USD Coin), Bitcoin (BTC) and Ethereum (ETH).
Swift Luxury
This flexibility enables swift, secure transactions and eliminates the need for currency conversions, making it ideal for international travellers. With over 560 million people globally owning digital currencies, Capella’s initiative to adopt DPTs opens the doors to a new segment of travellers who appreciate modern payment solutions.
This operational advancement reduces transaction times and promotes a smoother customer experience. Cristiano Rinaldi, President of Capella Hotel Group, expressed pride in being one of the first Singapore-based hotel groups to embrace digital payment tokens.
More Convenience
By implementing digital payment tokens, Capella Hotel Group not only improves convenience but also boosts operational efficiency, making international transactions faster and simpler. The group plans to expand this initiative to more Capella and Patina properties, continuing its commitment to innovation in luxury hospitality.
However, please note that Starting 16 December 2024, dtcpay will be delisting Bitcoin (BTC) and Ethereum (ETH) from its platform. This includes discontinuing BTC and ETH as payment options, suspending swap functions, and closing deposit functionalities for these cryptocurrencies. The decision is part of dtcpay’s strategic shift towards focusing on stablecoins, ensuring a more stable and predictable financial environment for its users.
Moving forward, users will still be able to use USDT and USDC for transactions, as these stablecoins are pegged to fiat currencies like the U.S. dollar, offering greater stability and security. Additionally, users can convert their BTC and ETH into USDC or USDT for seamless transactions, as these stablecoins will continue to be fully supported on the platform.