9Flats, a Berlin-headquartered short rentals company, will start accepting bitcoin payments, reported TechCrunch. 9Flats previously accepted payments through credit cards and PayPal accounts. However the new support comes with fine print: The company will only accept bitcoin payment for customers making instant bookings, which account for 50 percent of 9Flat’s bookings. This precondition may be due to the nature of Bitcoin as there could be complications with accepting preauthorized payments with the newer currency, TechCrunch added.
In order to avoid any possible fluctuations in the Bitcoin market, 9Flats will be immediately exchanging received Bitcoin payments to euros. The rental company has decided to join this payments trend in order to make the customer experience easier.
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