In November last year, CheapAir became the first airline to allow the use of Bitcoin to do their bookings and thereafter their travellers got the opportunity to also use the digital currency to book for hotel rooms as well as Amtrak train seats.
According to CheapAir’s CEO Jeff Klee, Bitcoin sales have increased by $1.5 million. Klee also told Forbes.com that the company had high expectations with Bitcoin, but was so surprised at how it generated that much within a short period of time.
CheapAir is however not enjoying all these alone. In the last one year, Bitcoin crawled while pushing hard its way through the typical business world, compelling companies such as Overstock, Expedia EXPE +0.15%, Dish Network and Dell to allow the currency’s use.
As a matter of fact, Dish got its first ever payment of Bitcoin last month when the stars of the brand new documentary film known as ‘Life on Bitcoin’ Austin and Beccy Craig paid for their monthly cable bill using bitcoin. According to news report in last month’s Wall Street Journal, Ebay is also on its way to the list of Bitcoin users.
Considering the huge potential that comes with the use of bitcoin, CheapAir is ready to tap into it and move on. Today, having moved to greater heights with bitcoin, CheapAir has certainly achieved a competitive edge in its niche. Payments can now be made to CheapAir using the latest cryptocurrencies Dogecoin and Litecoin, since they are all processed by Gocoin.
A devoted e-support line has also been initiated for the workers at CheapAir and who serve as travel advisors mainly playing the role of giving travel advice and answering questions concerning the digital currency. Bitcoin is closely followed by Litecoin. B itcoin’s price and market cap stands at $154,407,677 while Litecoin’s is $4.87, as stated by CoinMarketCap, a website that tracks digital currencies. It also reports that Dogecoin, which is currently at the 7th position in the list of cryptocurrencies, has a $0.000143 price per unit and a market cap of $13,005,906.
CheapAir’s CEO Jeff Klee revealed that after getting countless requests from developers, the company is determined to widen its digital currency collection. Though not certain about the space it’s operating in, Klee is more than ready to take the risk. He also expressed his genuine support for other digital currencies, noting how technology has proved to be a real revolutionary.
In his conclusion, Klee says that the huge financial institutions really ought to style up and engage in some contests that have widely been adopted in the world of digital currencies, given that they control the business world with their 3% charge on every transaction fees.