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Topic: Expedia Starts Accepting Bitcoin for Hotel Bookings (Read 4831 times)

member
Activity: 69
Merit: 10
I've booked using btc on expedia and the process is great.  Hotel rooms only though, airlines isn't supported yet.  Great way to use btc.
legendary
Activity: 966
Merit: 1004
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Bitpay has make the process easy for any web store to accept bitcoin with no fee.

The day of paypal and credit card domination are over.
We still need to get consumers to understand the benefits of using bitcoin. We do not need bitpay to charge 0% fee to merchants for bitcoin to have a cost advantage over credit cards and paypal. Even with the fee being the same as a credit card bitcoin will have an advantage due to the lack of fraud and chargebacks.

You're right. The cost of chargeback/fraud would be so much lower.
This is exactly why more merchants should accept bitcoin for payment. Stores could charge several percent less then the cost of accepting credit cards and still end up on top. It is more or less impossible to impose fraud on merchants that accept bitcoin and requiring confirmed transactions (at least with the average size of transactions today).
hero member
Activity: 518
Merit: 501
Bitpay has make the process easy for any web store to accept bitcoin with no fee.

The day of paypal and credit card domination are over.
We still need to get consumers to understand the benefits of using bitcoin. We do not need bitpay to charge 0% fee to merchants for bitcoin to have a cost advantage over credit cards and paypal. Even with the fee being the same as a credit card bitcoin will have an advantage due to the lack of fraud and chargebacks.

You're right. The cost of chargeback/fraud would be so much lower.
full member
Activity: 209
Merit: 100
Bitpay has make the process easy for any web store to accept bitcoin with no fee.

The day of paypal and credit card domination are over.
We still need to get consumers to understand the benefits of using bitcoin. We do not need bitpay to charge 0% fee to merchants for bitcoin to have a cost advantage over credit cards and paypal. Even with the fee being the same as a credit card bitcoin will have an advantage due to the lack of fraud and chargebacks.
sr. member
Activity: 333
Merit: 250
Little user experience in Expedia's bitcoin payment...

Well... it will be very short!
It's very easy : you scan the qrcode and the coinbase confirmation is immediate!

There is one problem : it's provided on expedia.com so I had to pay in $.
In fact, that's not a problem at all  Grin : the conversion $<->BTC<->€ follow the official price of $/€

It has worked perfectly for all my reservation this summer.
hero member
Activity: 988
Merit: 1000
Bitpay has make the process easy for any web store to accept bitcoin with no fee.

The day of paypal and credit card domination are over.
Companies still need to understand the regulatory risks associated with accepting bitcoin as well as the counter-party risk with bitpay. These are both very important things for any merchant to take into consideration.

Bitpay has deep pocket funded by VC is this is non-issue.

As for regulation, if US really want to shoot itself in the foot, the companies can set up offshore companies to accept payment.
Offshore acceptance of bitcoin by a US company would likely add to the potential regulatory liability. If they do this then it would look like they are trying to hide what they are doing even if they have good intentions. If a company were to break a regulatory rule unintentionally then they would likely receive some level of forgiveness. 
full member
Activity: 350
Merit: 104
Bitpay has make the process easy for any web store to accept bitcoin with no fee.

The day of paypal and credit card domination are over.
Companies still need to understand the regulatory risks associated with accepting bitcoin as well as the counter-party risk with bitpay. These are both very important things for any merchant to take into consideration.

Bitpay has deep pocket funded by VC is this is non-issue.

As for regulation, if US really want to shoot itself in the foot, the companies can set up offshore companies to accept payment.
hero member
Activity: 988
Merit: 1000
Bitpay has make the process easy for any web store to accept bitcoin with no fee.

The day of paypal and credit card domination are over.
Companies still need to understand the regulatory risks associated with accepting bitcoin as well as the counter-party risk with bitpay. These are both very important things for any merchant to take into consideration.
full member
Activity: 142
Merit: 100
Bitpay has make the process easy for any web store to accept bitcoin with no fee.

The day of paypal and credit card domination are over.
sr. member
Activity: 406
Merit: 250
How did I not see this before? This is great news and I am glad to see another company jump on the bitcoin train as they say and start accepting it as a form of payment. I don't see the price of bitcoin going up though just because a company like Expedia starts to accept it.
full member
Activity: 141
Merit: 100
1800 flower joining.

And master card is patenting payment with bitcoin using credit card.

ETF will be listed around year end.

Lots of positive news, I don't think the price fully reflected it yet.
hero member
Activity: 518
Merit: 501
Newegg is joining the bandwagon.

I believe Newegg had been on the Wagon for some time now. Expedia I'm sure has had enough with visa taking their profits and will soon flip the switch to allow all their services to be paid via bitcoin.
sr. member
Activity: 406
Merit: 250
It's basically the only part they make money on.  I think they -might- get $5 per plane ticket, some none.  Same with car rentals.  Hotels they have deals with the sites to get a nice spread on -some- of the hotels, some no spread whatsoever.  Thin margin business for sure.

But still they could increase their margin with Bitcoins. For example, Bitpay charges only 1% where Visa / Master charges 2.8%. So even for flight bookings they could make significant profits if they use Bitcoin.

They would also no longer have to deal with fraud related issues with are almost certainly above 3%
The fraud related issues would be costs in addition to the ~3% that credit card companies charge
full member
Activity: 363
Merit: 100
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Newegg is joining the bandwagon.
sr. member
Activity: 266
Merit: 250
It's basically the only part they make money on.  I think they -might- get $5 per plane ticket, some none.  Same with car rentals.  Hotels they have deals with the sites to get a nice spread on -some- of the hotels, some no spread whatsoever.  Thin margin business for sure.

But still they could increase their margin with Bitcoins. For example, Bitpay charges only 1% where Visa / Master charges 2.8%. So even for flight bookings they could make significant profits if they use Bitcoin.

They would also no longer have to deal with fraud related issues with are almost certainly above 3%
legendary
Activity: 3752
Merit: 1217
It's basically the only part they make money on.  I think they -might- get $5 per plane ticket, some none.  Same with car rentals.  Hotels they have deals with the sites to get a nice spread on -some- of the hotels, some no spread whatsoever.  Thin margin business for sure.

But still they could increase their margin with Bitcoins. For example, Bitpay charges only 1% where Visa / Master charges 2.8%. So even for flight bookings they could make significant profits if they use Bitcoin.
donator
Activity: 1218
Merit: 1015
I never heard of Google flights. They need to get on the ball like Expedia and accept my btc!
You should check it out. It's amazing. However they do not sell tickets. They do what Google does best, they just show where the best price is.

https://www.google.com/flights/

Wow, this is awesome. Thanks for sharing. This has a much better search and interface than any other similar service I have used. Thumbs up! Cheesy


That will kill off a lot of airline and travel agency.
It's been around a good few years, but Google has an odd tendency to not advertise its services except on its own services (commitment to "eating your own dog food" dogma, I guess), so a good few people miss their sometimes goofy, sometimes "killer app" projects. When I was first introduced to GFlights by word-of-mouth, I believe I was told it's actually based on an older open-source project with a name I can't remember but which is almost as effective (still better than searching flights with "normal" third-party agencies). Of course, Google's the company which hides boat-loads of games and easter eggs in all their products (GMaps, GTranslate, new ones for each major update of Android, YT, and their primary web search engine all have a good few)... they just seem to like to hide things away and have it be kind of mysterious when consumers stumble over them.
sr. member
Activity: 448
Merit: 250
It's Money 2.0| It’s gold for nerds | It's Bitcoin
I never heard of Google flights. They need to get on the ball like Expedia and accept my btc!
You should check it out. It's amazing. However they do not sell tickets. They do what Google does best, they just show where the best price is.

https://www.google.com/flights/

Wow, this is awesome. Thanks for sharing. This has a much better search and interface than any other similar service I have used. Thumbs up! Cheesy


That will kill off a lot of airline and travel agency.

I believe that these prices are if you were to buy directly from the airline. With a travel agency you buy from the agency who buys from the airline, and the airline may have special/different prices for travel agencies.
full member
Activity: 235
Merit: 102
I never heard of Google flights. They need to get on the ball like Expedia and accept my btc!
You should check it out. It's amazing. However they do not sell tickets. They do what Google does best, they just show where the best price is.

https://www.google.com/flights/

Wow, this is awesome. Thanks for sharing. This has a much better search and interface than any other similar service I have used. Thumbs up! Cheesy


That will kill off a lot of airline and travel agency.
legendary
Activity: 1036
Merit: 1000
Thug for life!
I never heard of Google flights. They need to get on the ball like Expedia and accept my btc!
You should check it out. It's amazing. However they do not sell tickets. They do what Google does best, they just show where the best price is.

https://www.google.com/flights/

Wow, this is awesome. Thanks for sharing. This has a much better search and interface than any other similar service I have used. Thumbs up! Cheesy
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