Uber Now Denies Plans To Integrate Bitcoin
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:
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Uber has denied that it is currently integrating bitcoin as a payment option for its on-demand mobile ride-sharing services. Suspicions regarding a potential announcement first began to circulate on social media yesterday after a user posted a cryptic interaction with one of the company's help desk representatives to Reddit. The text of the message suggested that Uber was "currently making bitcoin work" for the service, but offered few supporting details. However, a representative for Uber indicated that such assertions were unwarranted, telling CoinDesk flatly: "This story isn't true."....
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 would be better to see Lyft or Uber integrate bitcoin directly. It is doubtful either Lyft or Uber will integrate bitcoin payments anytime soon. Until that happens, users can use a bitcoin debit card to spend cryptocurrency for these services. However, one user figured out how to cash out Lyft and Uber earnings and receive bitcoin. It takes the use of a Shift debit card, but the process seems to work just fine. It is rather intriguing to think of bitcoin debit cards as a way to receive payments. Disruptive services such as Lyft and Uber allow users to withdraw earnings to a payment....
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[UPDATE: It appears that Uber has suspended Bitcoin Builder's account and thus, the service is no longer operational.] US-based bitcoin exchange platform Bitcoin Builder has announced their release of a bitcoin service that enables users to pay with bitcoin for Uber rides. How it Works. Bitcoin Builder created a business account on the Uber network, which allows the firm to display itself as a payment method on the Uber mobile app. Users are required to use the Bitcoin Builder multi-sig wallet to associate it with the firm’s Uber business account. After the activation, users will see....
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....