The chief commercial officer of the Bitcoin payment service provider company-Bitpay has warded off the globally rising suspicion and distrust towards the use of cryptocurrency.
In addition, he also addressed the ability of Bitcoin to attract other firms in the market. He affirmed that Bitcoin is not merely a method of payment.
The company has recently collaborated with Corporate Traveller, a leading travel company, to assent cryptocurrency in their method of payment. The traveler company provides services for micro firms and SMEs.
This collaboration will permit consumers to book their business visits by forfeiting in BTC and BCH. These contacts will be settled in GBP within a couple of working days, without any danger.
The Corporate traveler spokesperson stated that the decision has been taken in consideration with the rising customer demand who want to pay in Bitcoin. The company’s customers usually belong from India, and states from Australian and American continent having SMEs spending capacity.
While talking at the DC Blockchain Summit, the creator and CEO of the company BitPay stated that soon majority of the digital resources will be issued on a Blockchain. Payments transfers as Blockchain integrates multiple databases. In his opinion, the surge in Bitcoin payment is because of the said reasons.
Regardless of the rising speculations about Bitcoin assets, the duo considers crypto has a protected and safe method of payment for traders. It also considers the step as a timely strategic initiative which will help in the availability of payment facilities at all levels.