European Travel IT Giant Embraces Bitcoin Following Partnership with BitPay

By January 15, 2016Bitcoin Business

Bitpay Logo LG WD European travel IT company ypsilon.NET has announced that it is integrating BitPay payment gateway API to enable Bitcoin payments on its platform.

“As a leading IT company in an industry that is particularly hard hit by credit card fraud, we are always looking for new solutions for payment processing,” the company’s Director of Sales and Marketing, Patrick Götz, said in a press release announcing the move.

He also added that BitPay will be an ideal partner in providing ypsilon.NET a secure method of accepting Bitcoin payments on their platforms, as they use “excellent compliance standards” and have an “extensive experience as a payment processor for Bitcoin.”

“We are very pleased to be working with Ypsilon.Net because it is now possible for us to expand Bitcoin payments into tourism through one of the most innovative platforms”, said Marcel Roelants, General Manager for BitPay Europe. “Thousands of online agencies can take advantage of a safe, cheap and global payment now.”

ypsilon.NET , which is counted among the Europe’s leading internet travel technology providers, processes millions of transactions per month across its platform. The Frankfurt-based company offers its e-travel solutions to more than 5,000 customers and 80,000 internet travel portals worldwide. Its services include the development of modular internet booking engines, ticketing automation, mid-office systems, low-cost carrier content, and cache data.

The company’s outreach to such a wide global clientele makes it a natural propagator for Bitcoin. Following the announcement, one of the ypsilon.NET ’s customers — a German-based travel planning website — has already integrated Bitcoin as one of its payment methods, enabling customers to purchase air tickets, book hotel rooms and rent cars with the digital currency. Bitcoin and Traveling: So Far So Good

Traveling is considered by many the Bitcoin’s most feasible application so far. The leaders […]

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