Technology content trusted in North America and globally since 1999
7,671 Reviews & Articles | 56,786 News Posts

Expedia to begin accepting bitcoin for hotel bookings

Expedia joins a growing list of companies that are beginning to take the crypto-currency bitcoin very seriously
By: Tamlin Magee | Business, Financial & Legal News | Posted: Jun 11, 2014 8:02 pm

Travel website Expedia has announced that it will begin accepting the cryptocurrency bitcoin for bookings on its website.

 

expedia_to_begin_accepting_bitcoin_for_hotel_bookings_01

 

It's just a trial phase for now, but if the reception's positive enough Expedia plans on introducing the currency for other services. For now it is using Coinbase as the platform.

 

Bitcoin use is picking up apace and it seems that big companies are beginning to take it seriously as an alternative payment option.

 

Until fairly recently it has been firmly on the fringes or associated with online gray, markets like the Silk Road, which was commonly used to buy and sell drugs. But now companies like Dish are starting to consider Bitcoin as a legitimate way to pay for services, for example.

 

Expedia's Michael Gulmann told the Wall Street Journal that if the trial works, the company will "absolutely" explore further options.

NEWS SOURCES:Blogs.wsj.com

Related Tags

Got an opinion on this news? Post a comment below!
loading