The famous travel website Expedia has removed the payment option of cryptocurrency Bitcoin from their website in 2018. The payment through Bitcoin (BTC) was available for the users to book hotels and flights. The Sr. Communications Manager at Expedia Christie Hudson confirmed the news stating, “I can confirm that as of May 10, 2018, Expedia no longer supports Bitcoin as a payment method. Currently, we do not feel that we are able to offer the best experience for those using Bitcoin, but will continue to evaluate various options in order to offer travelers flexible payment solutions.”
This news of Expedia removing Bitcoin as payment options were shared on social media site Reddit by the users of Bitcoin w ravel. The users have predicted this decision by Expedia may cost the website to lose their clients who use Bitcoin as payment earlier for years. Expedia started accepting payments through digital currency Bitcoin in 2014.
Expedia started using Bitcoin as payment for acquiring the modern technology of payments. In a report on Markexclusive.com on July 2, the reason for Expedia’s removing the cryptocurrency Bitcoin as a payment method is because they were facing problems related long process timing out in payment, difficult and long refund policy, and some of their customers were complaining paying with a credit card even after paying with Bitcoin.
But the rumors in the market that Expedia stops using Bitcoin as payment because of the Coinbase, the bitcoin payment processor of Expedia. The news is that the Coinbase launched a new tool that altered its custodial merchant services. Now the Bitcoin users are moving to different travel sites that still use Bitcoin as payment options such as CheapAir, that started uses the Bitcoin payments in 2013.
The removing of Bitcoin payment by Expedia is comes as a shock to its users and in the cryptocurrency market as well.