Flocash, a leading payment solutions provider across Africa and the Middle East, is pleased to announce its partnership with Triple-A, the multi-licensed digital currency payment institution allowing Flocash to accept stablecoin payments from travel agencies across its markets.

Travel agencies working with Flocash can now convert local currencies into stablecoins, making payments to Flocash in USDC, USDT, and PayPal USD, providing secure, flexible, and efficient ways to settle payments, and eliminating the complications often associated with traditional cross-border payments.

Thanks to this partnership, travel agencies can leverage the many benefits offered by digital currency payments including instant payment confirmation, allowing for faster and smoother transactions, and Triple-A’s locked-in exchange rates, which guarantees there is no risk of currency fluctuation between the transaction initiation and completion.

The travel industry is embracing blockchain and cryptocurrencies to cut transactional costs and simplify cross-border payments. Major travel platforms and leading airlines have started accepting crypto for hotel and flight bookings both in their B2C and B2B channels. The adoption of cryptocurrencies offers travel businesses a borderless, robust, and secure way to accept payments.

“As more businesses and customers worldwide look to cryptocurrency for its efficiency and security, our partnership with Triple-A will enable us to better serve our clients by offering innovative, risk-free crypto payment solutions,” said Sirak Mussie, Managing Director at Flocash. “By simplifying payments for our travel agencies and airlines, this partnership enhances our mission to make transactions more accessible, reliable, and future-ready.”

The integration of cryptocurrency payments reflects a broader trend in the financial landscape, where digital currencies are fast becoming a preferred method of payment for businesses and consumers alike. With this partnership, Flocash and Triple-A are setting a new standard for secure, efficient, and accessible payment solutions in the travel industry.