Is Bitcoin gaining more and more acceptance among different vendors online? It does look like it, considering how PayPal could make use of Bitcoin in the future, while online travel booking site Expedia has just announced that they have jumped aboard the Bitcoin bandwagon when it comes to hotel reservations. This is definitely an interesting twist when it comes to payment options for your next holiday, going to show how processing muscle on your computer might just churn out a new holiday for free.
Michael Gulmann, Expedia’s vice president of global product, shared with Mashable, “Embracing new technologies is at the heart of our company’s DNA and we have many passionate engineers who work here that are very excited about the potential of bitcoin as both a technology and as a currency, and were eager about the opportunity to work on implementing this relatively new crypto-currency as a type of payment on our site.”
Expedia will work alongside Coinbase in order to introduce Bitcoin payments as another option, where right now the most common options are Visa, MasterCard, American Express, Discover JCB, Diners Club and PayPal. This partnership would mean Expedia will not handle a single Bitcoin in each transaction, as Coinbase would be responsible for it. While Expedia offers a whole lot more than just hotel reservations at the moment, Bitcoin acceptance will be limited to hotel reservations only at the moment. It is a wise move, since one would have to see how things work out in this area before expanding its availability elsewhere.
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