Events ticketing platform Big Tickets is now accepting Bitcoin Cash (BCH) payments, following a recent integration with BitPay.
Customers will now be able to use Bitcoin BCH to pay for tickets delivered through the Big Tickets system, opening up a range of festival and conference events for payment through the cryptocurrency. In a statement announcing the integration, Big Tickets said BCH was a natural choice for low-cost, secure payments.
According to the events ticketing platform, “Big Tickets knows Bitcoin Cash is the world’s only digital, low-cost, fast, secure transaction-based currency. The average transaction costs on BCH are consistently $0.002 compared with 2-3 percent of Visa, and they come without the worry of fraud and chargebacks. Pioneering merchants are excited to accept Bitcoin Cash as a payment method due to these advantages.”
CTO Jason Henley said the firm was excited to be one of the first ticketing platforms in the United States to accept payment by Bitcoin.
“We know our dedication to innovation is deserving of a secure and seamless purchase method for our event attendees. The use of Bitcoin Cash is a major social trend we’ve been following and we’re excited to be one of the first event ticketing platforms in the United States to accept the burgeoning cryptocurrency,” Henley said.
Big Tickets’ announcement is the latest in a series of similar integrations, as merchants worldwide continue to switch to BCH for faster, cheaper payments. With transaction costs of just $0.002, and enhanced security over other forms of payment, Bitcoin BCH is proving an increasingly popular payment method worldwide.
Formed in 2003, Big Tickets provides event organizers with a range of tools and analytics, with a focus on marketing and promotional features. With the help of the BitPay integration, individual organisers will now be able to rely on BCH payments, at a time of strong demand amongst consumers. BitPay, in particular, is working alongside forward-thinking merchants to offer seamlessly transactions in bitcoin, while offer settlement in a fiat or cryptocurrency of their choice.
With countless other merchants currently onboarding support for bitcoin BCH, it looks like the Big Tickets announcement is only the latest example of a major online merchant choosing bitcoin over the alternatives. To find out how easy it can be to accept Bitcoin BCH payments with BitPay, read here.
Note: Tokens on the Bitcoin Core (segwit) Chain are Referred to as BTC coins. Bitcoin Cash (BCH) is today the only Bitcoin implementation that follows Satoshi Nakamoto’s original whitepaper for Peer to Peer Electronic Cash. Bitcoin BCH is the only major public blockchain that maintains the original vision for Bitcoin as fast, frictionless, electronic cash.
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