Reap and Priority Pass Partner to Bring Airport Luxury to Crypto Cardholders
Reap, a global financial technology firm specializing in stablecoin-enabled infrastructure, has partnered with Collinson International, the company behind Priority Pass. This collaboration aims to bring premium travel benefits to the crypto and stablecoin ecosystem.
The partnership allows Reap's clients, including crypto exchanges, Web3 neobanks, and asset managers, to offer their customers access to Priority Pass's global network of over 1,900 airport lounges and travel experiences. Eligible Reap cardholders can enjoy amenities such as spas, sleep pods, and dining options.
According to Collinson International's research, airport lounge access is the most desirable travel benefit, with 92% of respondents in Asia Pacific indicating that travel rewards encourage card usage. Rom Remy, SVP Commercial at Collinson International, emphasized that experiential value is becoming a key differentiator in the payments landscape.
Pablo Che Leon, Head of Customer Growth at Reap, noted that stablecoins are increasingly becoming everyday money, and the partnership with Priority Pass ensures that Reap-issued cards offer the same benefits as traditional premium cards. This collaboration extends Reap's card issuing capabilities into lifestyle and travel benefits, enhancing customer retention and engagement.