Airbnb Customers Wants the Company to Integrate Crypto Payments

The customers of Airbnb Inc, an American company that operates an online marketplace for lodging, primarily homestays for vacation rentals, and tourism activities want the firm to integrate digital currency payments this year.

The request was made indirectly following a question posed by the company’s Chief Executive Officer, Brain Chesky on January 2nd, asking his followers about the improvements they expect the company should introduce moving forward.

“If Airbnb could launch anything in 2022, what would it be?” Brain posted this question on January 2nd and has since gotten a number of recommendations thus far. While clear pricing displays, and a customer loyalty program were amongst the respondents’ recommendations according to a recent tweet shared by the Airbnb executive, the integration of cryptocurrency payments appears to be a top priority for the Nasdaq-listed company’s customers.

With a total of over 4,000 suggestions received and crypto-related interest ranking high, it shows how far the nascent asset class has grown over the past 13 years, and the need to add more value beyond ETFs that is now available for trading by US investors.

That Airbnb customers are demanding a crypto payments provision is an indication that the majority of the respondents have digital currency holdings they are exploring additional channels to spend. 

As affirmed by Brian in his latest tweet, the company is ”already working on most” of the recommendations and with a promise to begin looking into the others.

Boosting Crypto’s Spending Powers

The digital currency industry is growing at a very fast pace, and a good factor in this growth is the gradual embrace of the “new form of money” by mainstream or traditional companies. Amongst the companies to back Bitcoin and altcoins in its earliest days is Square Inc’s Cash App, a payment app that facilitates trade completion using digital assets.

Paypal also joined the train in 2020 with the integration of Bitcoin, Ethereum, Litecoin, and Bitcoin Cash to its United States customers. With the crypto trading services now extended to the United Kingdom, drawing on the perception of high crypto acceptance in the EU, millions of merchants and customers can now purchase, and trade these assets on the Paypal application. 

The growing popularity of Bitcoin has now seen various brands, including Croatia’s Konzum supermarket chain, accept the assets for transactions. This acceptability of Bitcoin is spread across various regions, a move that is enhancing the spending powers of these coins, and thus contributing to their overall growth potentials.