CheapAir Paves The Path For Airlines As It Accepts Other Digital Currencies Alongside BTC
CheapAir, the California-based online travel agency, has always been known as the leader of the ‘airlines’ pack, as they’ve taken the first steps in introducing things that are relatively new. Since their decision in 2013, which allowed customers to use Bitcoin as a mean of payment for hotel and flight booking, CheapAir has announced that the list of acceptable digital currencies will now include Litecoin (LTC), Bitcoin Cash (BCH) and Dash (DASH) as well.
CheapAir’s decision to expand its method of payment apparently stemmed from the increased customer demand. Besides the fact that the three cryptocurrencies have been the top suggestions from customers, the travel agency strongly believes that the chosen ones have promised better and faster transactions at much lower costs compared to the giant, Bitcoin.
CEO Jeff Klee was very grateful in his statement on how the CheapAir customer-base has always been open and outspoken in areas they believed needs more work. In particular, their desire in relation to cryptocurrencies led to considering altcoins altogether. He went on to say that
“Over the last six months, we’ve seen a huge uptick in the number of customers requesting alternative currencies, so we’ve worked hard to integrate the three that were most requested.”
Klee is aware that accepting digital currency on behalf of its partners’, mainly hotels and airlines, can be an issue as they would prefer to be paid in traditional money, however, he believes that this is not something to worry about as they have dealt with such cases since Bitcoin payments.
He also mentioned how this decision would be something different to tackle by the company, but indeed can benefit crypto customers, especially given the much lower costs. Based on the claims made, the plumbing is also supposedly in place to ensure that the processing of digital currency payments is done effectively.
Lastly, CheapAir added that any bookings done using digital currency will be protected by the Price Drop Payback Protection, where customers we get a specific sum back given that the airfares drop after one’s purchase.