Cryptocurrencies in E-Commerce - Payrexx Use Case Mountain Flair
Digital technologies and currencies have significantly changed payment behavior in recent years. The number of people using cryptocurrencies in Switzerland increased by six percent in 2021, now at 17 percent. In Germany and Austria, it increased by 5 percent each. Mountain Flair Apartments has recognized this trend and offers its customers the option to pay with digital currencies.
May 31, 2022
Melanie
Frutiger

This is Mountain Flair
Mountain Flair Apartments was founded in 2013 by tourism experts Conradin De Giorgi and Sven Arquisch. The company markets and rents over 100 holiday apartments on a weekly basis in the Engadin St. Moritz region. Other components include real estate sales and real estate rentals.
Mountain Flair primarily uses the Payrexx Pages Tool for down payments on vacation apartment bookings, with individually configurable payment provider integrations and payment pages that can be designed in corporate design. Customers at Mountain Flair can pay via Mastercard, Visa, Amex, Apple Pay, Google Pay, TWINT, as well as with digital currencies like Bitcoin, Ethereum, Utrust Token, and Stable Coins.

Why offer cryptocurrencies?
In the past, Mountain Flair only offered conventional bank transfers. However, this is no longer up-to-date, which is why they also rely on digital payment options.
Sven Arquisch, Managing Director of Mountain Flair, is of the opinion:
“Cryptocurrencies and blockchain are disruptive technologies that offer enormous potential and are likely to revolutionize the internet. By accepting cryptocurrencies, we can expand our target audience and offer our guests another payment option.”
By offering the possibility of paying with digital currencies, Mountain Flair can attract new customer groups, such as from the internet and fintech sectors.
Cryptocurrencies and security
Cryptocurrencies often have a negative reputation, even though they are based on a completely transparent system where everyone is aware of every transaction. Nevertheless, many people are insecure when it comes to cryptocurrencies. This is partly related to cryptocurrency price fluctuations.
This so-called volatility risk is excluded with the payment providers offered by Payrexx, Utrust, and Coinbase. Mountain Flair has integrated the payment provider Utrust, which automatically converts the digital currency into the Stable Coin USDC (US Dollar) after payment, so there is no risk of a loss in value. These Stable Coins USDC can then be easily exchanged for EUR and paid out to the bank account. Thus, there is no more volatility risk. The payment provider Coinbase can also circumvent the volatility risk by directly accepting Stable Coins as payment.
Read this article to learn more about cryptocurrencies and how they work, as well as their advantages and disadvantages.
Offering cryptocurrencies with Payrexx
Payrexx offers over 45 payment providers in total, which are configurable in parallel, and in the field of cryptocurrencies, the two payment providers Utrust and Coinbase are available.
The integration neither involves additional fees nor additional effort, which is why Comerciante can only benefit from it. Mountain Flair has understood this and, thanks to the integration of Payrexx, can position itself as an innovative company that recognizes and implements digitalization trends.
Many thanks to Sven Arquisch, Managing Director of Mountain Flair, for the cooperation. We are pleased about the successful cooperation and the trust placed in us.

Visit the website of Mountain Flair and see for yourself the easy integration and numerous possibilities with Payrexx: Test for free now.
