Online travel booking agency CheapAir.com aforementioned Friday that it'll switch bitcoin payment processors following a service amendment by Coinbase.
CheapAir.com - that began acceptive bitcoin back in 2013 during a initial for the world travel trade - explained the move during a web log post, revealing it's eyeing a move to simply accept bitcoin payments through Bitpay.
"We were recently au fait by our process partner, Coinbase, that they'll now not support 'custodial' solutions for merchants, and ar removing variety of the tools and options that we have a tendency to deem to simply accept bitcoin from CheapAir.com shoppers," CheapAir wrote. "These changes ar regular to occur during a matter of weeks."
According to CheapAir, the method that converts the bitcoin it receives from customers to enactment currencies is essential to the platform's ability to simply accept the cryptocurrency, since ancient airlines and building services solely take enactment currencies as payment.
The company conjointly aforementioned that, as a part of the shift, it's gazing acceptive alternative cryptocurrencies, naming bitcoin money, dash and litecoin as potential choices. CheapAir declared in 2014 that it had been acceptive litecoin and dogecoin by approach of GoCoin, another cryptocurrency payment processor.
However, whereas CheapAir aforementioned the combination with Bitpay has already completed, it foresees the adoption might not be as swish as antecedently.
"Our one large concern is that Bitpay doesn't support 'non-payment protocol wallets' (wallets that are not BIP-70 compliant). thus if you are doing not have a compatible billfold, you'd got to get one associate degreed use it as an intermediate stage for your Bitcoin payment," the corporate aforementioned within the statement, happening to request that users send feedback on the Bitpay option:
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