Expedia the travel giant has stopped accepting cryptocurrency as a mode of payment according to a report in major Publication on June 27
The spokesperson of Expedia confirmed the news saying ‘’We no longer accept digital currency like Bitcoin as payment option starting from June 10’’.They apologized for the inconvenience caused. Expedia did not mention this either on social media or its website
Reditt was abuzz with the decision and community members slammed this decision. Subsequently, they offered a suggestion to Expedia such as CheapAir travel service, which started accepting Bitcoin for flights and hotel bookings in 2013.
Mr. Bowiestar informed that many IT employees get their payment in cryptocurrency. Hence Expedia will be loosing out a reasonable chunk of customer due to this ban
“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!”
As Cointelegraph announced not long ago, the outrageous unpredictability of the crypto advertises evidently does not unnerve industry insiders from removing a portion of their compensation in crypto, with some notwithstanding liking to get their pay rates altogether in Bitcoin.
Expedia first reported it would acknowledge Bitcoin as a type of installment in June 2014, when it collaborated with driving crypto trade Coinbase. Some people group individuals recommended that they dropped tolerating Bitcoin because of Coinbase’s choice to suspend custodial answers for dealers, which apparently would prompt making Bitcoin installments more troublesome. Expedia’s previously mentioned rival CheapAir changed to BitPay from Coinbase for this very reason.
In an open letter to clients looking for contribution on potential vendor arrangements, CheapAir CEO Jeff Klee composed that the organization required a “solid preparing accomplice” with a specific end goal to acknowledge installments in Bitcoin Cash (BCH), Dash, and Litecoin (LTC), notwithstanding Bitcoin.