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Global Economic News

Russian Hotel Group Accepting Cryptocurrency Payments From World Cup Fans

By Joji Xavier   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024 lt

A hotel group in the Russian city of Kaliningrad has announced that it will accept payments from football fans who stay in their hotels during this year's World Cup football games in cryptocurrency.

The western Russian city is hosting four matches to be played on June 16, 22, 25 and 28.

Natonal teams of Spain, Belgium, Serbia, England, Switzerland, Croatia, Morocco and Nigeria are playing in Kaliningrad, and their fans have already started booking rooms.

Russian news site Buying Business Travel Russia reported that Apartments Malina hotel has partnered with crypto payments firm Free-Kassa to allow hotel bookings with cryptocurrencies ahead of the World Cup.

It gives retailers the ability to take payments using any electronic currency, text messages, banks cards and wire transfers. There are more than 72,000 retail establishments that utilize Free-Kassa's platform.

Apartments Malina is the first hotel group to offer the option of paying in cryptocurrency for World Cup accommodation.

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