In November of 2013 travel website CheapAir started to accept Bitcoin and they’ve now added the option to also pay using Litecoin and Dogecoin. These new cryptocurrency options have been introduced after Bitcoin turned out to be a success, as more than $1.5 million in sales was collected already.
While Bitcoin quickly gained more mainstream traction with options available to purchase things at companies like Dell, Overstock, Expedia and the Dish Network, it has taken more time for other coins to be accepted as well.
Payments to CheapAir will get processed by GoCoin and by accepting Dogecoin and Litecoin this travel agency sets another big step into the future.
The biggest reason for websites to start accepting cryptocurrencies is the fact that banks charge large fees up to 3% on every transaction. The more widely accepted cryptocurrencies become the less depended on banks people become. The future of our financial landscape depends on cryptocurrencies being a success and it’s extremely positive to see companies take the plunge.