Belgian startup debuts Bitcoin payments for parking tickets
Belgian startup debuts Bitcoin payments for parking tickets
The company says it expects Bitcoin and other cryptocurrencies to come into greater everyday use, especially once tokens become more than environmentally friendly.
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Seety, a digital parking startup based in Belgium, has introduced crypto payment support for parking tickets.
According to a report by DataNews on Th, the company, which is ane of the firms bootstrapped by Belgian accelerator plan First it @KBC, has rolled out a crypto payment feature in Antwerp and Brussels.
Starting time Th, Seety users will exist able to use Bitcoin (BTC) to pay for parking tickets in both cities.
In addition to Bitcoin, customers can likewise use cryptocurrencies such equally Ether (ETH), Bitcoin Cash (BCH), Dogecoin (DOGE), and Litecoin (LTC), as well as stablecoins like Dai and USD Money (USDC).
Customers looking to employ crypto to pay for a parking space will use the "coins" to buy Seety credits on the company'south app. According to the study, customers will not incur any additional fees if they utilize crypto.
The Seety app reportedly has over 355,000 users in Kingdom of belgium and holland and is aiming to achieve an almanac turnover to a higher place 2 million euros ($ii,372,002.28) by 2022.
For the visitor, using crypto to pay for parking spaces is indicative of how cryptocurrencies volition eventually gain greater adoption in everyday microtransactions. Seety expects crypto adoption to abound once tokens become more than environmentally friendly.
Related: Visa volition facilitate USDC payments, thanks to fresh partnership
Using Bitcoin to pay for parking tickets goes as far back as 2022 with the defunct Brawker app. These days, crypto payment options for microtransactions are becoming increasingly pop even though pregnant hurdles still stand in the way of a more broad-based penetration.
Crypto credit cards and stablecoins are likewise helping to simplify the process of spending cryptocurrencies while making it easier for merchants to onboard cryptocurrency payment options to their platforms.
As previously reported by Cointelegraph, Visa recently stated that its crypto-enabled cards candy over $one billion in crypto spending in the start half of 2022.
Source: https://cointelegraph.com/news/belgian-startup-debuts-bitcoin-payments-for-parking-tickets
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