Bitcoins for room cards

A&O will be the first hotel chain to offer Bitcoin as a payment option

A&O will now be the first-ever hotel chain to offer its guests the option of paying for their booked
hotel rooms online by Bitcoin at aohostels.com.
"The digital currency Bitcoin is one of the most important payment innovations of recent years. We
are therefore very proud of being the first hotel provider to offer this payment option to our
customers" says a delighted Oliver Winter, CEO of the A&O Group. "Bitcoin as a payment method
is an important step in making the booking and payment process even more convenient. True to
our motto: There are no complications here with us at A&O - from booking to check-out", adds
Winter.
And this is how it works!
The guest selects the payment method "bitpay" if they wish to pay over aohostels.com using
Bitcoin. The customer then receives a QR code or, optionally, a corresponding link. They can then
make the payment using their digital Bitcoin wallet. Based on the current exchange rate
(September 2017), 50 euros for a single room corresponds to approx. 0.015 Bitcoins.
The data base system of the so-called blockchain forms the technological basis of digital currencies
such as Bitcoin. "The blockchains are decentrally organized and can therefore contribute to the
improved security of transactions, e.g. within our booking system, compared to centralised
systems. We are currently working very intensively with this technology and introducing payment
via Bitcoins is the first step in this direction for us", emphasizes the Head of A&O, Winter.
Bitcoins expand our range of existing payment methods at aohostels.com, which includes credit
card, Paypal, Amazon Pay, instant transfer, direct debit, iDeal and Grouppay. Overall, more than
half of A&O bookings are made online and above all directly via aohostels.com.