CheapAir.com will take Bitcoin-payments via Bitpay due to changes in Coinbase terms

CheapAir.com will take Bitcoin-payments via Bitpay due to changes in Coinbase terms

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Online agency CheapAir.com, engaged in airline booking, said that due to changes Coinbase will soon switch to another processor bitcoin-payments.

The company CheapAir.com began taking bitcoins in 2013, the first in the travel industry. The reasons for making her last decision, it explained in the blog. It is expected that the reception of Bitcoin payments will now be carried out using BitPay.

“Recently, our processing partner Coinbase informed us that it will no longer support” custodian “solutions for sellers and plans to remove several tools and functions that we relied on, taking bitcoins from CheapAir.com customers,” the company said in a statement. “These changes should happen in the coming weeks.”

According to CheapAir, their ability to accept cryptocurrency depends on whether they can convert bitcoins sent by customers to fiat currencies, because traditional airlines and hotels accept only them.

The company also said that it will begin accepting other cryptocurrencies – Bitcoin Cash, Dash and Litecoin. In 2014, the company announced that with the help of GoCoin (another service for processing payments) will start taking Litecoin and Dogecoin.

Although representatives of CheapAir reported that the integration of their company with BitPay has already been completed, they noted that the reception of cryptocurrencies may not go as smoothly as before.

“Most of all, we are concerned that BitPay doesn’t support” wallets using a non-payment protocol “(ie wallets incompatible with BIP-70). Therefore, if you don’t have a compatible wallet, get it and use it as an intermediary for payments by bitcoins,” the company said in a statement.

CheapAir also asked its users to provide feedback on BitPay options:

“This is where we are happy with your ideas.”

Earlier it became known that Coinbase blocked the WikiLeaks Shop wallet, which is why the non-profit organization called for a global blockade of the US stock exchange.

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