Sandman Hotel Group is proud to announce they are now accepting bitcoin as a valid form of payment. As the first Canadian hospitality company to accept bitcoin, guests can now make reservations at over 40 hotels across Canada using the online currency.
Bitcoin is the world's most widely used alternative currency with a total market cap of approximately $8.1 billion.
Sandman’s management feels that bitcoin and cryptocurrencies may be here to stay. In a release the company revealed that more and more customers are seeking to pay with this currency, and the management feels it’s necessary to be accommodating to the changing needs and requests of our guests.
Sandman has partnered with bitcoin payment processors Coinbase for the initiative. Coinbase is an international digital wallet that allows you to securely buy, use, and accept bitcoin currency.
To make a reservation using bitcoin is extremely simple. Guests visit Sandman’s website and select bitcoin as the payment option. An e-invoice is sent to the guest and they accept and transfer their bitcoin payment into Sandman’s bitcoin account which is hosted by Coinbase. Once the payment is confirmed, so is the reservation.