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Author Topic: Expedia Starts Accepting Bitcoin for Hotel Bookings  (Read 4835 times)
GangkisKhan
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July 03, 2014, 05:05:19 PM
 #61

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.
oceans
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August 07, 2014, 04:23:51 PM
 #62

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.
AdamSmith
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August 07, 2014, 04:54:12 PM
 #63

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.
Mobius
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August 10, 2014, 08:48:18 PM
 #64

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.
efreeti
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August 10, 2014, 11:17:03 PM
 #65

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.
Mobius
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August 13, 2014, 05:42:02 AM
 #66

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. 
Seldar
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August 13, 2014, 11:16:21 AM
 #67

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.

Sorry for my bad english Smiley
Fray
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August 14, 2014, 04:28:20 AM
 #68

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.
d2dtk (OP)
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August 14, 2014, 10:22:56 PM
 #69

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.

zedicus
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August 15, 2014, 01:10:16 AM
 #70

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).

 
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fresca
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August 15, 2014, 01:11:54 AM
 #71

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.
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