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Largest Travel Management Firm in UK Accepts Bitcoin
Corporate Traveller, the largest travel management firm in the United Kingdom, is now accepting Bitcoin (BTC) for payments, according to a press release on April 15.
A newly announced partnership with crypto payments company BitPay will allow Corporate Traveller — which provides business travel management services to SME companies — to accept bitcoins. Andy Hegley, U.K. General Manager at Corporate Traveller said:
“We identified an increasing demand from our clients for the option to pay in bitcoin for business travel bookings made by our travel consultants. We chose BitPay to manage our merchant processing because they make it easy and handle the entire process of getting the Bitcoin or Bitcoin Cash from the customer and depositing cash into our account.”
According to the press release, Corporate Traveller is unconcerned with price volatility in crypto markets, as the bitcoins will be converted directly into British pounds. BitPay purportedly charges a 1% commission to convert the funds, which Corporate Traveller says is cheaper than credit card processing.