While it is an interesting development, we will see if and how it plays over the longer term with larger organizations. We have seen big growth from airlines and travel agents who are tapping into the massive blockchain market.” “We know blockchain payments provide a strong user case for travel, with customers now able to spend bitcoin on corporate travel bookings. “We are excited that Corporate Traveller is committing to offering clients the ability to pay in bitcoin and bitcoin cash,” said Sonny Singh, Chief Commercial Officer of BitPay. However, we will leave that for a follow on discussion with the company. Although the piece indicates that ‘there is no risk to the company’ (meaning Corporate Traveller), we are not 100% sure what that means, since pricing in Bitcoin carries some risk, even if converted to GBP in settled funds. According to the release, BitPay charges a 1% merchant processing fee per transaction, and settles in local currency within two days. The following wallets are fully compatible. Corporate Traveller defines their SME target space as between GBP 50K and 2 Million of annual sales turnover. You can use any Payment-Protocol-compatible BCH wallet with a BitPay merchant who accepts BCH. So apparently there is an increasing demand for using Bitcoin for travel related expenses, especially among smaller SMEs. The agreement means that Corporate Traveller can accept bitcoin and bitcoin cash payments from its SME customers for business travel bookings.’ ‘Corporate Traveller, the UK’s leading specialist provider of business travel management services to SME companies, has partnered with BitPay, the largest global blockchain payment provider. This posting was in AP news and discusses the addition of Bitcoin as a payment method for Corporate Traveller clients. You can scan a QR code by tapping on the scan icon on the right side of the Recipient field. Paste or scan the address you want to send funds to. Open the key which contains the wallet you wish to send funds from. Corporate Traveller specializes in the SME space and certain vertical specialties for corporate travel management, and is part of Flight Center Travel Group, a UK-based global travel company. To send cryptocurrency from the BitPay Wallet, please follow the steps below: Open the BitPay app. For those readers not familiar with BitPay, it’s an Atlanta-based 2011 startup that specializes in facilitating Bitcoin payments and acceptance for both individuals and businesses.
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