Budapest Taxi Drivers Now Accept Bitcoin Payments Through TheCoinPAY
One thing the Bitcoin ecosystem is always in need of is more use cases for consumers to conveniently spend digital currency. Even though there are plenty of merchants accepting Bitcoin in the online space, brick-and-mortar locations are a few steps behind. In Budapest, you can now pay your taxi rides with Bitcoin, creating a huge use case for the modern digital currency by affecting the daily lives of residents. Budapest Taxi is among the first public service companies in the country to experiment with Bitcoin.
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As the ubiquity of Bitcoin continues to be used in a variety of innovative and interesting ways, often times we forget the convenience the payment system can provide for some of the basics. Well if the thought of a Bitcoin accepting taxi has ever crossed your mind, it does exist. In Hungary’s beautiful capital of Budapest, the company COinPAY has partnered with one of the cities leading taxi providers, Budapest Taxi, to run 580 active cabs with Bitcoin systems. The managing director of the taxi group, Csaba Horváth, says “We believe that we have to grab every opportunity that comes....
When major companies such as Dell, Microsoft, and now Budapest Taxi start accepting Bitcoin payments, the popular digital currency gains a lot more credibility and legitimacy. As more and more people start to see the value of Bitcoin as a financial tool, adoption of the digital currency will thrive all over the world. Paying for everyday goods and services with Bitcoin has been a big struggle so far, but things are changing step by step. In Budapest, for example, you can soon use Bitcoin to pay for Budapest Taxi rides, thanks to a partnership with CoinPay. Bitcoin is all about....
As of right now, the Uber taxi service app does not have a feature that allows people to tip their drivers electronically. Uber drivers have been complaining about only being able to receive tips in cash for quite a while. In-car advertising company Vugo now meets their demand with a new feature, called “Tip your driver.” Uber is a taxi service app that connects drivers and passengers. The app uses a smartphone’s GPS functionality to find a driver that is nearby, even if the passenger does not know the address they are at. The service is very quick and hassle-free. Because of this, the....
The ride-sharing service that allows part-time taxi drivers to make a buck and (often) riders to save time and money has confirmed that they are "currently making Bitcoin work with Uber as of now." The confirmation comes in the form of a response from an Uber support representative to a customer who asked to pay in bitcoins. CCN is working to get further statement from the company. Update: Uber has not confirmed that they are going to accept bitcoin payments. Also read: Despite Denial, Uber Users Complaining of Hacked Accounts. The question of how payment for the drivers would work must....
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