Expedia Removes Bitcoin Payment Option
Travel booking giant Expedia.com has recently stopped accepting bitcoin payments for flights and hotels on its site, Expedia confirmed June 27.
The site’s spokesperson confirmed that the travel booking website no longer accepts cryptocurrency Bitcoin, starting from June 10, feeling apologetic for “any inconvenience it may cause”.
Disappointed with the news, community members took it to Reddit to express their contempt. Subsequently, the members also suggested a number of alternatives to the service, such as travel booking site CheapAir, which started accepting cryptocurrency payments for hotel and flight bookings back in 2013.
Bowiestar, one of the community members on Reddit noted that majority of workers in IT sector receive their salaries partly in crypto, implying that Expedia would lose a part of its loyal customer base.
“Expedia.com, one of the largest sites to book flights/hotels on used to take Bitcoin for years… I went on there to look at flights and noticed they no longer accept it. Customer support said they stopped accepting it June 10… A lot of us in the tech industry get a portion of our salary in Bitcoin and it was really good to use Expedia for flights. I won’t be using them anymore!”
Ostensibly, the extreme volatility of the market has not scared away industry insiders from accepting part of their salary in cryptocurrency, with some even preferring to receive all of their pay in crypto.
In June 2014, Expedia first announced it would accept cryptocurrency Bitcoin as a form of payment when it teamed up with Coinbase, one of the leading crypto exchanges. According to some community members, the service canceled accepting crypto payments due to Coinbase’s decision to expel custodial solutions for merchants, which apparently would lead to making such payments even more difficult. CheapAir travel switched from Coinbase to BitPay for the same reason.
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