One of the largest travel booking agencies, CheapAir.com has come up with the announcement stating that they are switching to the bitcoin payment processors. They also mentioned that they plan to do this in partnership with the famous Coinbase. CheapAir.com has been the first travel industry company that managed to introduce cryptocurrency payment in 2013. Their processing partner, Coinbase revealed it recently to them that they will no longer support the custodial solution that they are providing to the merchants. In fact, they also mentioned that they are going to remove a number of tools and features that are relied upon for the bitcoin acceptance from CheapAir.com.
Cryptocurrency & CheapAir.com – Buy it with Bitcoin.
According to the latest update straight from CheapAir, the process of conversion of bitcoin to Fiat currency is the key to the working of the platform with cryptocurrency.
As per the same announcement the company also announced that they will also start accepting the bitcoin cash, dash, and Litecoin along with “buy it with bitcoin” option that they are presently working with. The shift of CheapAir.com from Coinbase to Bitpay has already been done. Let us see how much they manage to keep up.
So, CheapAir.com is now switching from Coinbase to Bitpay. As per the news report there are many reasons behind this decision and some of these reasons are mentioned above. We think this might take a positive turn for both the companies.
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