CheapAir CEO Jeff Klee Talks Bitcoin & the Switch to BTCPay Server from Coinbase
At a time when most retailers are dumping Bitcoin for other alternatives, CheapAir.com has shockingly decided to double its support for the cryptocurrency. Specifically, CheapAir has adopted Bitcoin as the principal currency through which payments are made. Moreover, the company is planning to integrate the Lightning Network to its payments processor.
In a recently conducted interview, CheapAir CEO Jeff Klee shared the platform’s experience since adopting Bitcoin as a means of payment. According to Jeff, the journey with Bitcoin has been smooth overall. In comparison with traditional modes of payment, crypto methods are swifter and more transparent.
Additionally, Jeff revealed the reason behind his firm’s preference of BTCPay Server to BitPay. Apparently, BTCPay has an open-source server that enabled the company to customize the payment processor and have control over all transactions. Furthermore, the deployment of BitPay was overlooked due to the presence of BIP 70, a feature that many customers had reservations about.
Besides being popular among investors, BTCPay is also integrates seamlessly with the Lightning Network. In this regard, Jeff noted that CheapAir is currently deliberating on the possibility of incorporating this solution to improve the speed of transactions on its network.
As mentioned earlier, Cheap Air is presently one of the few platforms that are supportive of Bitcoin. Notably, other competitors such as Expedia have dumped Bitcoin. To this end, Jeff acknowledged that the travel sector is fiercely competitive, but the willingness of CheapAir to avail first-rate services to its clients gives it the upper hand over its peers. Moreover, Cheap Air intends to continue using cryptos in payments, despite the numerous challenges resulting from the adoption of this method.
Regarding the future of digital currencies, Jeff believes that cryptos will soon become mainstream means of payment. He further added that his form is pleased for being one of the world’s fisrt institutions to adopt virtual currencies.