How do i pay with Bitcoin?
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JANUARY 7, 2020 / 16:21 UTC
LONDON (Fintech Zoom) – Pay with Bitcoin – In this world of rapidly changing technology, people keep themselves updated with the latest technology. Crypto currency is becoming popular among the masses, individuals are now understanding the usages of digital currencies. Like other sectors of industry, cryptocurrency is entering in the traveling industry as well. It has totally changed the method of payments.
One of the most important reasons for any business or corporation is security. Using Bitcoins to pay for a trip, whether for an executive or anyone else within the organization, is a good way of helping to maintain financial security.
Financial security is paramount to any business and a breach can be a significant amount of trouble both for your internal finances as well as for your public image. Many businesses have lost a lot due to identity theft and stolen corporate information, and even have found they have ruined credit scores until the situation was resolved.
It is not only fruitful for the organizations but for the travelers as well, they would be able to their money in terms of ATM withdrawals fees, transaction fees and fraud risks that come with international credit card use.
According to the monthly report issued by travala.com over 60% of the total bookings were paid in cryptocurrency. However, bookings are of western countries. The Asians are still not increasing the usage of cryptocurrency. The increase in cryptocurrency payments has forced the travelling agencies to invest in blockchain-based accommodation booking platform i.e. Yellow Cards has invested in this area of industry.
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