Russian Hotels will accept Bitcoin Payments during the World Cup

Football Fans will be able to pay with bitcoin for their accommodation when they visit Russia for this year’s World Cup. Hotels in Kaliningrad, expecting guests from eight countries, are partnering with a local payment provider to offer the service. Booking a room for the day when England plays Belgium will cost approx. $300 in fiat. 

Kaliningrad, the capital of Russia’s westernmost region, is one of the host cities for the 2018 FIFA World Cup. The mundial is scheduled to take place in the Russian Federation from June 14 to July 15. The city is expecting teams and supporters from Spain, Belgium, Serbia, England, Switzerland, Croatia, Morocco and Nigeria.

Hotel owners in the Russian exclave have decided to offer their guests the opportunity to pay for their stay in bitcoin. According to local media, a hotel chain has already teamed up with a payment processor to provide the service. Anna Subbotina, manager of Apartments Malina, commented:

We are seeing increasing interest in cryptocurrencies. They will gradually come into use as a means of payment.

“We have decided that fans should be able to pay for our services with the help of this innovative technology”, Subbotina told Buying Business Travel Russia. She expects other hotels in the area to soon follow the example and offer cryptocurrency payment options.

Her company is partnering with one of Russia’s electronic payment providers, which supports cryptocurrency transactions, including bitcoin payments. “This is an interesting experience for us – we haven’t worked with hotels so far”, said Vitaliy Lavrov, Development Manager at Free-Kassa. “The hospitality industry is quite sensitive towards new trends”, he noted.

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