Case Study: Travala.com achieves faster, fiat-funded crypto payments with Reap

Travala.com speeds payments 5x with Reap

Travala.com, a crypto-native travel booking platform, faced significant challenges accessing traditional banking infrastructure due to its Web3 nature. This created barriers to making the fiat payments required by its global network of hotels and airlines, which were funded by customer digital currency payments. The company also needed a corporate card solution without limits on the number of cards for its team. To overcome this, they turned to vendor Reap for its payment and card services.

Reap provided a solution with Reap Pay, enabling Travala to make fiat payments without a traditional bank account and to fund these payments using digital currencies, settling transactions in one business day. The Reap Card solution offered unlimited corporate cards with instant issuance and advanced spend controls. As a result, Travala processed over $1 billion in payment volume and more than 1,000 card transactions, saving on FX fees and achieving payments five times faster than with traditional methods.

Travala.com