Tourist Booking Site CheapAir Is Braking Bitcoins Payment Processors

Tourist Booking Site CheapAir.com reported on Friday that it will break bitcoin payment processors after changing the services by Coinbase.

CheapAir.com – which started taking bitcoin back in 2013, the first in the global travel industry, – explained the move in a blog post that showed that he was monitoring the progress of bitcoin payments through Bitpay.

“We were recently informed by our Coinbase processing partner that they will no longer support ‘custodial’ solutions for merchants and eliminate a number of tools and features that we rely on to take bitcoin from CheapAir.com buyers,” CheapAir wrote. “These changes are scheduled to occur in a matter of weeks.”

According to CheapAir, the process that transforms the bitcoin it receives from customers into Fiat currencies is key to the platform’s ability to accept cryptocurrency, as traditional airlines and hotel services only accept the fiat currencies as payment.

The company also commented that serving as part of the shift, it is looking at the adoption of other cryptocurrencies, calling bitcoin cash, dash and litecoin. In 2014 CheapAir said that it will take litecoin and dogecoin through another cryptocurrency payment processor named GoCoin.

However, as CheapAir mentioned unification with Bitpay has already been completed, it expects  the  adoption can not be as unimpeded as before.

“One of our gigantic problems is that Bitpay does not maintain ‘non-payment of the protocol of wallets (wallets that are not BIP-70 compatible). Thus, if you do not have a compatible Wallet, you will have to receive it and use it as an intermediate step to pay for Bitcoin, “- said the company in its report, which says that users send feedback on the BitPay option.