Travala.com’s proprietary token (AVA) has reportedly become the next digital asset to be supported by the crypto payment processing platform CoinGate.
Specifically, CoinGate has reportedly finalized the integration of Travala.com’s native AVA token into its payment platform – currently facilitating up to 5000 users.
CoinGate users will reportedly be able to select bank transfer, phone credit, and soon with debit cards as payment methods for purchasing AVA.
By accepting the AVA token to its platform, CoinGate will reportedly be able to apply payment features to the asset that up to now only generated via referrals, loyalty rewards, which are eligible for accessing travel discounts and monthly bonuses.
“It’s great to see that AVA holders can now use the digital token to buy a variety of goods and services online, as well as for online travel bookings.” Head of Travala.com Juan Otero reportedly remarked.
A representative from Travala.com has reportedly shared the importance of adding the token to CoinGate’s system, as the initiative would allow for the expansion of AVA’s utility to different areas, apart from the firm’s platform, and boost its usefulness.
“AVA’s is a Binance Chain token with 1 second block times making it a great option for very fast transactions and payments.”