GoCoin to Provide Payment Processing for Dogecoin and Litecoin to CheapAir


GoCoin to Provide Payment Processing for Dogecoin and Litecoin

Apart from accepting Bitcoin, now CheapAir.com has announced that it will accept Dogecoin and litecoin, the two prominent digital currencies in payment from customers who wish to book flight and railway tickets. The information came from the press release by the company wherein it promised that the measure is aimed to attract techno savvy customers.

CheapAir.com says that its airfare shopping engine does all the work for customers wherein it uses a proprietary algorithm that scours the web for the lowest prices on the planet. The company has always been pro-technology and started accepting Bitcoin for flight bookings in November, the last year.

Later on, it expanded its Bitcoin payment service to include hotel and railway bookings as well for its customers. Nonetheless, since adding Bitcoin as a payment option, CheapAir.com has seen a positive response from its customers; for instance, it announced that it had passed $1.5m in total Bitcoin sales, recently.

Talking to media professionals, CEO Jeff Klee admitted that the decision to accept Bitcoin and other digital currencies was encouraged by grassroots support from its customer base. Also, as the same demographics that made its Bitcoin integration a success inspired the company’s latest move in the digital currency space, the decision was long pending.

According to Jeff Klee the company had some success with Bitcoin, and gotten some new customers there as well. He says that the company got a great response since it began accepting Bitcoin, and had some requests for Dogecoin and litecoin as well. In consequence, it decided to add the two other digital currencies e.g. Dogecoin and Litecoin.

With Coinbase, CheapAir Already Provides Bitcoin Payment Option

Currently, GoCoin is serving as the company’s altcoin payments processor. The payment processor enables the company to accept litecoin and Dogecoin. The company accepts Bitcoin through its existing partnership with Coinbase, another renowned Bitcoin payment processing services provider.

Jeff Klee is of belief that CheapAir will utilize the same deployment strategy for Dogecoin and litecoin as it did for Bitcoin to make transactions easier for the customers. According to him, offering altcoin support for plane and train ticket purchases and, pending on the success of the initiative, expanding from there, the company will be able to make great inroads.

He admitted that it’s the same pattern his company went through with Bitcoin last year wherein it launched first for flights, and, as things went well, opted the digital currency for hotels as well.

To contact the reporter of this story: Deepak Tiwari at deepak@forexminute.com