Hassan Maishera
Cryptocurrencies have gained adoption in several sectors of the global economy, and one of those is the travel sector. Travel and hospitality companies are adopting cryptocurrencies to enable their users to pay for flights, hotel rooms, and other services with ease.
KuCoin is now working hard to advance crypto integration into the travel sector. Its latest partnership with Plaza Premium Lounge will boost crypto adoption for millions of users globally.
KuCard Partners with Plaza Premium Lounge
KuCard, a Visa card issued by cryptocurrency exchange KuCoin, announced on Monday, October 20th, that it has partnered with Plaza Premium Lounge, the world's largest independent airport lounge network.
In a press release shared with Cryptowisser, KuCard stated that the partnership provides its users with dedicated airport lounge access. This marks Plaza Premium's first engagement with the cryptocurrency sector as KuCard works hard to boost cryptocurrency adoption in various sectors of the global economy.
Plaza Premium currently operates in over 150 countries globally, covering up to 600 airports, and serving over 24 million annually. The partnership ensures KuCard users gain access to Plaza Premium’s facilities and services, enabling them to incorporate lounge services into their travel routines.
KuCard Eases Crypto Payments
The team explained that KuCard serves as a Visa-enabled debit card that lets users spend cryptocurrencies directly at global merchants by converting digital assets to fiat currencies in real time during transactions.
The card currently supports a wide range of cryptocurrencies. It also includes features like transaction monitoring and compatibility with digital wallets such as Apple Pay and Google Pay, offering crypto holders a streamlined way to apply their assets to everyday expenditures without intermediary conversions.
While commenting on the partnership, Axl Zhong, Lead of KuCard, stated that,
"This partnership with Plaza Premium Lounge highlights a key advancement in merging cryptocurrency with established industries, demonstrating how digital finance can enhance accessibility and efficiency in hospitality. From KuCard's viewpoint, it pioneers new models for crypto adoption, encouraging interoperability between fintech and travel sectors to create more inclusive ecosystems that drive innovation across global markets."
Thanks to this partnership, KuCard holders can now enjoy 20% off lounge access at any Plaza Premium Lounge worldwide.
KuCard has been around since 2023 and aims to foster wider adoption of blockchain technology by enabling users to use their cryptocurrency for everyday purchases, online shopping, and ATM withdrawals.
