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Expedia, one of the largest online international travel agents, has announced that they are stating to accept Bitcoin as a form of payment for hotel purchases. Expedia has partnered with Coinbase as the payment processor, just like another big company that recently announce their plans for starting to accept Bitcoin payments, namely Dish Network.
“Expedia, Inc. is in a unique position, as one of the world’s leading online travel agencies, to solve travel planning and booking for our customers and partners alike by adopting the latest payment technologies,” said Michael Gulmann, Vice President, Expedia Global Product. “We’re continually looking at ways consumers want to pay for their travel; bitcoin is a great example of how Expedia is investing early in an array of payment options to give our customers and partners more choice in the ways they interact with us.”
Expedia’s customers can easily find and select Bitcoin as a payment option at check-out along with all other methods accepted on the site, including Visa, MasterCard, American Express, Discover, JCB, Diners Club and PayPal. To purchase hotel reservations using the newly accepted currency, customers simply indicate Bitcoin as their method of payment and then follow a few steps to safely and securely complete each transaction. Expedia will not collect or hold any Bitcoin from the payments they get, it will immediately convert all customer Bitcoin transactions into U.S. dollars as pretty much most other companies accepting Bitcoin as a means of payment do in order to minimize the risk of BTC price dropping.
On a side note, Google Finance has just launched a Bitcoin price tracker, not long after Yahoo! Finance has added a price ticker for BTC as well. This is a direct response to both the companies and their users gaining more interest in the crypto currency as it continues to get wider adoption.
- Published in: Crypto News
- Related tags: Bitcoin (BTC), Bitcoin payment, BTC, Coinbase, Expedia, Expedia Bitcoin, Expedia Bitcoin payment, Expedia BTC