Corporate Traveller partners with BitPay to accept cryptocurrency payments
Corporate Traveller, a provider of business travel management services to SME companies, has partnered with BitPay, the global blockchain payment provider. The agreement means that Corporate Traveller can accept bitcoin and bitcoin cash payments from its SME customers for business travel bookings.
Corporate Traveller, a division of Flight Centre Travel Group, has carved a niche in the market for providing travel management services to clients across the UK with an SME-size annual business travel spend of £50,000 to £2m.
Using BitPay, payments received via bitcoin or bitcoin cash will settle directly in Corporate Traveller’s bank account within two business days – denominated in GBP. There is no price volatility or risk to the company, and as a push transaction, the user sends the exact amount of bitcoin or bitcoin cash needed to pay the bill. BitPay charges 1% to approve the bitcoin or bitcoin cash transaction and settlement.
BitPay enables transactions from any computer or mobile device and invoices can be generated by an email invoice, or as online e-commerce transactions.