Capella Hotel Group has announced the acceptance of Digital Payment Tokens (DPTs) at its flagship properties, Capella Singapore and Patina Maldives, Fari Islands, in an industry-leading move. Digital Payment Tokens (DPTs) is a form of digital or virtual currency that leverages cryptography to secure transactions. Unlike traditional currencies issued by governments, DPTs operate on decentralized networks and are driven by market demand.

The luxury hospitality operator is said to recognize the “growing demand” for this as a secure and convenient payment option.

The group partnered with dtcpay, a Singapore-based DPT payment service provider licensed by the Monetary Authority of Singapore, to enable guest transactions without any risk of price volatility.

Capella Singapore and Patina Maldives Now Accept Cryptocurrency Payments

Guests at Capella Singapore can now complete transactions by scanning a QR code on a dtcpay terminal at the front desk during check-in or check-out using their preferred wallets.

The hotel is currently accepting payments for all charges to the room that may be settled on check-out.

For those staying at the idyllic Patina Maldives, Fari Islands, payments can be made through a secure link.

In partnership with dtcpay, the properties currently accept WUSD (Worldwide USD), USDT (Tether), USDC (USD Coin), Bitcoin (BTC) and Ethereum (ETH).

Guests paying with these digital payment tokens can benefit from swift, secure transactions and the convenience of avoiding currency conversions for international payments.

With over 560 million people globally owning digital currencies, the group’s adoption of digital payment tokens will appeal to and open up a new segment of travellers.

Operationally, this initiative helps reduce the time to settle bills.

Cristiano Rinaldi, president of Capella Hotel Group, said:

We are proud to be one of the first Singapore-based hotel groups to accept digital payment tokens, testifying to our commitment to innovation and unparallelled service. With our guests at the centre of all we do, it was natural for us to constantly find solutions that are in step with their evolving preferences. This is just the beginning of our journey into the world of digital assets, and we look forward to exploring more innovative ways to enhance the guest experience through technology.

“By integrating digital payment tokens, we’re not only enhancing convenience but also significantly boosting operational efficiency.

“This technology allows for fast, secure transactions, reducing the complexities often associated with international payments. It’s a win-win for our guests and our operations. We will continue to include more Capella and Patina properties for this initiative.”

Important considerations

The transaction will be calculated based on the exchange rate at the time of the transaction, ensuring the correct equivalent in the selected DPTs. Please note that DPTs prices can be volatile.

Capella Hotel Group accepts partial payments in DPTs. Any shortfall or remaining balance will need to be settled via traditional payment methods such as cash, credit card, or debit card. DPTs payments are strictly non-refundable. Capella Hotel Digital Payment Tokens

Capella Hotel Group reserves the right to amend any terms and conditions without prior notice.

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