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Expedia, The Major Travel Booking Website has Stopped Accepting Bitcoin (BTC) as a Payment Method

Expedia was launched in October 1996 as a division of Microsoft. In 2001, Bill Gates spun off the property to become a public company. In 2014, Expedia became one of the largest online travel companies in the world to accept bitcoin.

Starting June 10, 2018, Expedia, the major travel booking website stopped accepting Bitcoin as a payment method for Hotels and Flights, it was confirmed that the service would no longer accept digital currency Bitcoin.

An Expedia spokesperson confirmed that the service “No longer accepts digital currency Bitcoin.” and apologizing if ever there’s any inconvenience caused. The service did not clarify the cancellation either on social media or on its website.

Expedia customers and bitcoin users took to Reddit to express their opinion on why the travel booking website may lose a large number of customers due to dropping the bitcoin payment option. Some community members suggested alternatives to Expedia, such as CheapAir travel service, which started accepting bitcoin for airline and hotel bookings in 2013.

On June 2014, it was announced that Expedia would accept Bitcoin as a form of payment. It was at that time when they joined forces with leading crypto exchange Coinbase.

Some community members hinted that the reason Expedia canceled their acceptance of Bitcoin was that of the decision Coinbase made to suspend custodial solutions for merchants, which apparently lead to making Bitcoin payments more complicated.

In April of 2018, CheapAir announced that it was considering switching to BitPay from Coinbase for the same exact reason. One main obstacle, however, is that Bitpay does not support wallets that are not BIP-70 compliant, which lets spenders get signed payment details from receivers.

Cheapair CEO Jeff Klee said at the time.

So if you do not have a compatible wallet, you would have to get one and use it as an intermediate stage for your bitcoin payment.

Expedia’s mentioned competitor CheapAir shifted to BitPay from Coinbase for this very reason.

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