The benefits of Bitcoin in travel
It comes as no surprise that airlines and travel companies are constantly looking for ways to lower their costs.
By accepting payments in the digital currency bitcoin, an increasing number of online travel merchants and airlines are achieving just that. Most people are unaware of the costs associated with accepting card payments online, airlines often face even higher fees from acquiring banks for card processing.
Many airlines will be taking cross-border transactions with a consumer in one country booking a flight with an airline based in another country, such transactions typically attract even higher fees from the card schemes.