Uber Confirms That They are Working on Bitcoin Integration
Decentralized Taxi Service, Uber, has confirmed that they have been working on integrating Bitcoin payments and will soon launch the update. Uber has taken the transportation industry by storm since their launch a few years ago. By allowing drivers to pick their own hours and work as free lancers for the company, Uber has quickly grown to be a very popular option for many urban areas. Uber, much like Bitcoin, empowers the users and allows customers to quickly find a ride, see how much that ride will cost, and pay for the ride (with the ability to split cab fare with friends) all with their....
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In a twist of events, transportation provider Uber, has now reversed their statement on Bitcoin integration and denied that they are working on it. While a customer service representative of Uber did tell Bruce that they were working on integrating Bitcoin, the company has since retracted the statement and denied that it was ever true in the first place. When asked about the legitimacy of Bitcoin integration with the service, Uber told Coindesk “This story isn’t true.” Uber’s email, from an agent named Eric, to Bruce reads as follows:
Despite several reports claiming that Uber is already starting to accept bitcoin payments, the company firmly denied these updates. Uber clarified that it is not yet considering bitcoin payments integration even with its long-term plans. These rumors started swirling after BrainTree, a payments processor company, mentioned that it would allow its merchants to accept bitcoin should they choose to do so. Just recently, a Reddit user shared an interaction with an Uber help desk representative that was misinterpreted to mean that the company was considering bitcoin integration. Bitcoin....
It is important to keep in mind Uber Argentina is not actively endorsing Bitcoin payments at this stage. There has been a lot of talk about whether or not Uber is suddenly accepting Bitcoin payments in Argentina. One of the company’s tweets seemed to indicate this change, albeit any official reference to has been removed ever since. Moreover, there was an email sent out to Xapo users further confirming using Bitcoin through Uber Argentina. For quite some time now, people have been wondering if and when Uber would start accepting Bitcoin payments. Considering how this ride-hailing....
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....
Uber is still standing strong in Argentina, despite months of being denied credit and debit card service, in part thanks to Bitcoin. According to Franco Amati, co-founder of the Latin American Bitcoin Conference, Uber is still holding on despite resistance from government. Amati says: “Uber is fighting the blockade, sometimes Uber changes the place from where it is charging the payment, and local cards work again, but then the government blocks them again.” To fuel the use of cards that are not so easily shut down, Uber is incentivizing prepaid cards, according to Amati. He explains to....