After becoming the very first online travel agency to begin accepting bitcoins this past November, CheapAir.com announced in a press release Tuesday that it has generated more than $1.5 million in bitcoin sales, a common figure for a lot of major businesses allowing customers to pay for their goods and services in the virtual currency.
CheapAir has processed bitcoin payments for Amtrak fares, flights and hotels and the website continues to bring in additional clientele. The company thanked Coinbase for the spectacular achievement because of its simple two-click payment process.
The Calabasas, California-based website noted that CheapAir has now connected with thousands of customers who are enthusiastic over digital currencies. Due to the cryptocurrency’s simplicity, low transaction costs and security, it has been a win for all parties involved: customers, Coinbase and CheapAir.
“If our customers have a need, we’ll go to great lengths to come up with a solution,” said Jeff Klee, CEO of CheapAir, in a statement. “In this case, that meant finding a way to accept bitcoin payments for airline and hotel transactions that traditionally were only done with cash or credit card. We appreciate how easy Coinbase made it for us to do so. In retrospect, it was one of the best decisions we’ve made for our business and our customers.”
In support of this tremendous milestone, CheapAir held a contest for a free trip to London, including airfare, hotel and tickets for Inside Bitcoins: The Business of the Cryptocurrency World, a conference scheduled for Sept. 15 and 16 in London. Patrick Cinese of Penn State University was declared the winner, according to the news release.
It should be interesting to see how many more bitcoin sales CheapAir will garner for the remainder of the year. With travelers already preparing their vacation matters for the holiday season, CheapAir may see an influx of bitcoin customers between now and Christmas.
