Europe’s Leading Travel IT Company Partners With BitPay

Ypsilon.Net, Europe’s leading provider of internet travel technology, has recently announced its partnership with bitcoin payment processor Bitpay in order to facilitate the use of bitcoins for making payments in the tourism industry.

“Thanks to a partnership with the world market leader BitPay, thousands of travel agencies for bookings made through Ypsilon.Net can accept Bitcoin payments from their customers”, the company said in a press release (Quoted here according to Google translation).

The release further said that the pilot operation by the online agency Nurflug.De has been successfully completed.

“As a leading IT company in an industry that particularly has been hard hit by credit card fraud, we are always looking for new solutions for payment processing. BitPay uses sophisticated technology and thus gives our customers another secure way to accept on our payment platforms”, said Patrick Gotz, Director of Sales and Marketing of the Ypsilon Payment Solutions.

Gotz added that they chose BitPay as a partner because of its “excellent” compliance standards and extensive experience as a payment processor.

The release further noted that in addition to over four years of experience in handling bitcoin payments, the company has the world’s sophisticated risk profiling tools to prevent fraud in Bitcoin payments, which makes it the safest bitcoin payment processor.

“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 method now.”