Cheapair.com, a travel and accommodation website, has decided to go for BTCPay for its Bitcoin payments, turning away from the industry stalwart, BitPay.
BTCPay is a notable self-hosted payment processor in the industry. Comments on social media indicate that BTCPay, which provides open-source merchant software, is now officially the new processor for Cheapair.
— CheapAir ✈ (@CheapAir) May 22, 2018
Officials from the company asserted that they had a nice run with Coinbase, which is sun-running their merchant platform next week. As a result, they are forced to look for an alternative, and are therefore in a process of doing some testing with BTCPay, which has so far turned out to be good.
Coinbase had made public the fact that it was retiring its merchant processing function in April 2018, an activity that was widely condemned by stakeholders in the cryptocurrency industry since it disrupted most of the key activities within the cyber currencies.
Being a processor along with Coinbase, BitPay continues to be arguably one of the best-known alternatives when it comes to Bitcoin payments. However, it seems to have failed to persuade Cheapair. It is worth noting that Cheapair was actually the first travel agency, all over the world to accept Bitcoin as a form of payment.
Bitcoin Wallet Rules Raise Eyebrows
Initially, it was thought that Cheapair would seek transfer to BitPay; however, due to reasons best known to them, they decided to choose the open-source option. In a key statement released last month regarding this matter, the contentious issue of wallet support could have been the reason behind the change of mind.
According to an official from the company, they have had a great experience with BitPay, with their integration being largely complete so far. However, their greatest apprehension is the fact that BitPay is not in a position to support wallets that are not BIP-70 compliant, all known as the ‘non-payment protocol wallets.
This basically implies that in case a client does not have a compatible wallet, one would have to get one and make use of as an intermediate stage for any Bitcoin payments. Cheapair requested for the thoughts of users concerning this matter, in which they received sixty responses. The feedback from BTCPay’s user experiences was largely positive from users and industry figures.
Beautyon, a Bitcoin Think editor, commented that Cheapair actually represented what a well-run company looked like. As a result of this major move, BTCPay has earned commendation from Niclolas Dorier, Bitcoin core developer.