Bitcoin is of the essence in the tourism sector, UK travel giant is cooperating with BitPay

the The travel company Corporate Traveller is now accepting Bitcoin and Bitcoin to Cash as a means of payment. The British company teamed up with payment service provider BitPay. BitPay acquires a new major customer. The interest of the tourism sector for the use of Bitcoin is growing as a whole.

By Anton Livshits
17. April 2019BTC$5.202,81 3.38%part Facebook Twitter LinkedIn xing mail

The British travel company Corporate Traveller is open for crypto-currencies. Customers can pay their invoices with Bitcoin, or Bitcoin to Cash. Like from a press release from the 15. In April, the company co-operates with the crypto-payment service provider BitPay.

the Corporate Traveller will take care of the planning and execution of business trips for small and medium-sized companies. In this area, it is the market leader in the UK. Andy Hegley, General Manager of the industry giants, explains the collaboration with BitPay, follow these steps:

We found an increasing demand from our customers, about us, bookings for business trips with Bitcoin to be able to pay. In order to manage our processing, we have opted for BitPay, as they make it easy for us and the entire process from the procurement of Bitcoin, or Bitcoin to Cash from the customer to the Deposit of the money in our account to cope.

BitPay to facilitate Bitcoin payments

The cooperation with BitPay Corporate Traveller, however, some of the advantages. The travel service provider will be paid the amounts directly in British pounds. The company eliminates the risks associated with the volatility of crypto-currencies. For this Service, BitPay charges a fee of only one percent. The transaction costs are, according to the press release is far less than for traditional credit institutions.

in fact, BitPay won lately several of the big players for Bitcoin and the crypto market. The American electronics distributor Avnet has announced a cooperation with the payment service provider. In the U.S. state of Ohio, it will be possible to pay your own taxes via Bitcoin. BitPay also assumes the role of the mediator.

the tourism sector is jumping on the Bitcoin-train

show Other actors in the tourism sector is also interested in Bitcoin. Sonny Singh, CCO of BitPay, sees here, with great growth potential:

We know that Blockchain payments are a strong Use Case for travel, as customers are now able Bitcoin for business trip bookings. We have seen strong growth in airlines and travel agencies to tap into the massive Blockchain-market.

in Germany, the German national tourist Board (gntb) recently for Bitcoin. The lobby Association wants to use the crypto-currency, initially for the private financial accounting. At the same time, he attests, moreover, a broad application potential of the Blockchain technology on the tourism market.

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