Expedia Bitcoin Sales Exceeding Company Expectations
Major online travel agency Expedia made a splash in the crypto-currency community recently when they announced they would be accepting bitcoin, and so far things are seemingly going well. That's according to a company executive, who recently spoke to CoinDesk. The company's own Michael Gulmann, who services as Vice President of Global Product at the company, had the following to say: We did some estimates based on the size of Overstock and the size of Expedia, and came up with our own estimates of what we could expect, and we're meeting and exceeding those. Gulmann declined to specify just....
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Washington-based online travel booking giant Expedia announced it would begin accepting bitcoin for payments on 11th June, and in a new interview the company confirms that its first foray into the ecosystem is already a success. Speaking to CoinDesk, Expedia's executive vice president of global product Michael Gulmann declined to release firm figures regarding the total bitcoin sales the company has seen so far, but reported that they have exceeded estimates. Gulmann told CoinDesk: "We did some estimates based on the size of Overstock and the size of Expedia, and came up with our own....
Expedia announced today that it will accept bitcoin payments for hotel bookings. Seems like a lot of big name companies are becoming bitcoin-friendly recently. Dish Network began accepting bitcoin about two weeks ago. Apple reversed its ban on bitcoin apps; and now, one of the biggest online travel sites - Expedia, has announced that it will begin accepting bitcoin for hotel bookings. Why is Expedia Accepting Bitcoin? According to Expedia's vice president - Michael Gulmann, "This is one of those ideas that seemed to have sprung from three different places all at once," and "if we're....
This article has been updated with comment from an Expedia spokesperson. Travel bookings giant Expedia will start accepting bitcoin for hotel reservations, becoming the first major travel company to accept payments in cryptocurrency. "Bitcoin is a great example of how Expedia is investing early in an array of payment options to give our customers and partners more choice in the ways they interact with us," the company said in a press release announcing the move. Expedia said bitcoin will be integrated into the payment options for customers at check-out, sitting alongside payment methods....
Expedia accepts bitcoin for hotel reservations, becoming the first major travel company to accept payments in cryptocurrency. Perfect for the beginning of the travel season and the world cup! Expedia remarked in a press release announcing the move into the bitcoin ecosystem: [quote]“Bitcoin is a great example of how Expedia is investing early in an array of payment options to give our customers and partners more choice in the ways they interact with us” [/quote] Expedia said bitcoin will be integrated into the payment options for customers at check-out, sitting alongside payment methods....
Bitcoin is catching some steam over U.S. online merchants including Overstock, DISH and Expedia, as customer’s using the digital currency id becoming increasingly large. For now sales paid for in bitcoin have been a fraction of one percent, but this number is expected to rise as acceptance grows, and the online currency will become as ubiquitous as the internet. Michael Gulmann, vice president of global products at Expedia Inc. has stated: Until recently a niche alternative currency touted by a fervent group of followers, bitcoin has evolved into a software-based payment online system.....