CheapAir.com, the first U.S. online travel agency to accept bitcoin, has announced that it has witnessed a record number of bitcoin sales in the past six months, processing around $15 million in bitcoin payments for flights and hotels.
In November 2013, CheapAir.com decided to start accepting the digital currency after being introduced to it by a customer who wanted to know if he could make a flight payment with bitcoin. Since then, the travel agency has made it possible for travelers to use the currency to pay for flights and hotels, with new users paying with bitcoin every day.
Founded by Jeff Klee in 1989 in his college dorm room after planning his backpacking trip around Europe on a student budget, CheapAir.com takes a creative approach to fare finding using a patented algorithm that scours the web for the lowest prices seeking affordable airline tickets.
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