We wonder if the numbers still stand: the travel industry is growing at a rate of 3,9% - faster than the global GDP (3,2%) - giving way only to manufacturing. Too soon? Well, the stats are pre-pandemic, and today nobody really knows when will the jolly giants like Travelocity, Expedia, Airbnb, and RoyalCarribean rise again. But whenever that happens, the problems with the travel industry as a whole are likely to persist. And the most protruding of them all is the number of intermediaries involved in every aspect of your moving from point A to point B.
What’s Wrong With the Travel Industry
Had it not been for the numberless and invisible legion of agents of all sorts, we wouldn’t have to pay huge commissions every step of the way. We wouldn’t have any problems with overbookings, delays, overcharging, double occupancies, and other blunders every traveller had to encounter more than once. Is the inclusion of crypto in the array of payment methods an answer to all our prayers? Not in itself, but we at TRASTRA think that a reliable debit card endowed with full Visa functionality that spreads into the world of major cryptocurrencies is definitely a step in the right direction. That’s why we’ve partnered with Bidroom – the first membership-based marketplace for travel lovers. Enter your TRASTRA Visa card number (no worries, you won’t be charged, not even the symbolic €1 for ”verification purposes”) to confirm your eligibility for special membership. This will get you the first 6 months of Bidroom membership for free plus major savings on hotel accommodations.
TRASTRA Crypto Debit Card
Not to sound overoptimistic, but cryptocurrencies are going mainstream, and it’s a matter of time before the wide consumer adoption is a universally accepted reality. If you followed us for any amount of time, you know that TRASTRA was among the first to jump on the wagon and create a mechanism for attributing the unheard-of functionality to a seemingly regular debit card. TRASTRA’s crypto debit card with a personal IBAN and the overall daily POS spending limit of €8,000 is accepted anywhere Visa is welcome and can convert your crypto into cash instantly. Use it for exchanging cryptocurrency into EUR on the spot without the need to visit the bank or even have an account there (sic!) and spend it on cotton candy or jetski – whatever your heart desires. The built-in wallet is multicurrency; you can hold BTC, LTC, ETH, BCH, XRP with no conversion, card-loading, or trading fees. The card itself is €9.00 to order and €1.25 for monthly management, but these are the times we live in.
For years now, travel industry experts have seen the tremendous potential blockchain brings to the table. At the very least (and we are being modest here), applied correctly, it’s a perfect opportunity to rid the travelling tribe of taking unnecessary steps in claiming loyalty benefits, incurring extra costs, and dealing with lost luggage. God willing, at some point, things might even get sped up at passport control. At any rate, we like to think that TRASTRA and Bidroom are making a massively disruptive impact on the way the financial sector, travel vendors, and intermediaries do business, and we are ecstatic that you’re with us on this exciting journey.