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Yacht Bookings to accept digital currencies payments in Singapore, the first in the Yachting industry

February 3, 2022
In the Press

Yacht Bookings, an industry pioneer and a leading platform for charters, today announced that it will accept digital currency payments through Triple-A, a licensed payment gateway. 

With growing demand for digital currency investments and huge potential for digital currency transactions in the luxury sector, Yacht Bookings is the first luxury charter platform in Singapore to offer customers the option to fund their bookings via their digital currency investments.

High-net-worth individuals are no strangers to digital currency investments, with 56% expressing their interest in digital currencies. In the world of luxury, 85% of millennials drive the global luxury sales growth and also make up 58% of the digital currencies population. With significant life milestones and corporate events, it’s likely that this generation is keen on funding their celebrations using digital currencies investments as users seek more ways to spend their digital currencies.

“With South East Asia on track to be one of the leading adopters of digital currencies, we’re proud to be the first luxury yacht charter platform in Singapore to offer digital currencies payments to our customers”, said Kiran Sujanani, CEO,  Yacht Bookings. ”Our customers can now add Yacht Bookings to their list of digital currencies-friendly choices to fund their celebrations, " she added.

According to Chainalysis, digital currency transactions in Asia alone surged to 706% in 2021 and make up 14% of the global transaction value. With operations in Southeast Asia, Yacht Bookings caters to a large segment of consumers who seek luxury. By adding digital currencies as a payment option, the platform expects to not only see an increase in demand from current customers but also attract potential customers seeking new avenues to invest their digital currencies.

“We’ve seen a significant increase in movement in the luxury space, with renowned fashion brands and travel companies diving into the opportunities of digital currencies. Triple-A is ecstatic to partner with Yacht Bookings in providing consumers with the opportunity to charter yachts using digital currencies. Being the first yacht charter company in Singapore to offer digital currency payments, we believe Yacht Bookings’ decision to cater to the digital currency market is the beginning of a grand journey,” said Eric Barbier, CEO of Triple-A.

destination for all customized experiences at sea, whether it is in the oceanic isles of Singapore, Myanmar, Malaysia,

About Yacht Bookings

Founded by Kiran Sujanani in 2006, Yacht Bookings is one of the pioneers in the Singapore charter industry. With more than 50 luxury yachts in its fleet, Yacht Bookings is the one-stop-destination for all customized experiences at sea, whether it is in the oceanic isles of Singapore, Myanmar, Malaysia or the scenic islands of Indonesia and Thailand.

From Super yachts to Catamarans to Classics, Yacht Bookings offers a line-up that suits every occasion and budget. Not only that, customers can also seek expert advice on which yacht to charter for their individual yachting needs, enjoy exemplary service and look forward to their memorable sail aboard.  

Having been in the yachting industry for over a decade, Yacht Bookings has worked with leading multinationals, corporates and private customers, making it the preferred choice for luxury yacht chartering. 

Yacht Bookings to accept digital currencies payments in Singapore, the first in the Yachting industry
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