EXPEDIA, which introduced
a bitcoin payment option on
its website in 2014, has now
ditched the option.
Cryptocurrency values
have also undergone wild
fluctuations recently, with
analysts predicting that, while
this form of currency will
continue to go mainstream,
it will be as a trading or
investment asset rather than
as a transaction method.
According to a recent report
from JPMorgan, merchant
acceptance of bitcoin, the
leading cryptocurrency, is
currently at an all-time low,
with only three of the leading
500 Internet sellers accepting
bitcoin, down from five last
year.
Expedia acknowledged
that there had been various
issues for customers using
cryptocurrency to make hotel
bookings and said it would
continue to evaluate various
options to offer travellers
flexible payment solutions.
