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Cryptocurrency Payments

Essential Experiences and Lunu Announce Ground-Breaking Cryptocurrency Partnership

Revolutionary payment service enables travellers to cost-effectively spend their cryptocurrencies to pay for online travel bookings 

 

London, UK - 5th May 2022: Essential Experiences, a London-based provider of online travel services and Lunu, a specialist in cryptocurrency payments for merchants and individuals, are excited to announce a ground-breaking new partnership. Lunu's technology gives Essential Experiences the ability to take crypto payments via a variety of different wallets and coins. Payments in cryptocurrencies will be made possible on the Essential Experiences booking platform via the Lunu widget.

Lunu does not impose its own exchange rate for the conversion of cryptocurrencies into regular (fiat) currencies - the service instantly accesses the most favourable decentralized exchange rate on the market - and the transaction fees are very competitive at just 1%, compared to commissions of up to 3% charged by traditional payment services.

While the number of e-wallet holders continues to grow rapidly, many businesses still do not accept cryptocurrency payments. “As well as being the first UK travel business, we are the first in the travel market to offer customers the option to use cryptocurrencies to pay for ATOL protected holidays” explains Oliver Stokes, Essential Experiences Head of Travel Operations.

“The ability to use cryptocurrencies in the [travel industry] closes the gap between cryptocurrencies and the real world and will bring about major changes in global interconnectivity in commerce and society” says Artem Shaginyan, Lunu Founder and CEO

About Essential Experiences

Essential Experiences is a forward looking and innovative online travel agency, regulated and bonded by IATA and ATOL. We provide a one-stop travel shop with expert agents and online booking systems that are at hand to create a bespoke Essential Experience. We understand the extra planning that can go into making holidays memorable, and we strive to make the process as easy as possible. All flights, hotels, transfers, and car hire can be booked in one place and all are backed up by our 24/7 customer service, for peace of mind. Essential Experiences offers a wide selection of holidays from European cultural city-breaks, relaxing rural retreats in the UK  to a wide selection of family-friendly holidays suitable for kids of all ages. Many of the flights and flight-inclusive holidays on our website are financially protected by the ATOL scheme. For more information, visit:  www.essentialexperiences.co.uk

About Lunu

Lunu Solutions bridges the gap between cryptocurrencies and the real world. The company's innovative payment solutions allow customers to spend their cryptocurrencies in ordinary transactions, in just seconds and at a lower cost than other non-cash purchases. Lunu's digital processing service supports a potentially unlimited number of compatible cryptocurrencies and wallets, as well as credit card and NFC payment systems. Using the sleek in-store Lunu mobile terminal or the online Lunu widget, the service instantly accesses the most favorable decentralized exchange rate on the market for the customer who wishes to pay with cryptos. The cryptocurrencies are then instantly converted into local currency stablecoins and then transferred to the retailer's bank account as real money. Lunu is an ambitious, principled, fair and unbiased brand, dedicated to art and aesthetics, with a strong sense of social responsibility. Find out more at:  https://lunu.io/