Malaysian Taxi Customers Can Now Pay with Bitcoin
Taxi passengers in the Malaysian cities of Kuala Lumpur and Johor Bahru can now pay for their rides in bitcoin, thanks to a booking service called Taximonger. Bitcoin Malaysia reported that it believes Taximonger offers the first opportunity for Asian taxi customers to use bitcoin, adding that for Malaysia it also represents the first cashless payment system for cabs, a long overdue addition. Taximonger offers a simple taxi matching service for passengers and about 1,400 drivers. There are apps for both iOS and Android, and customers can also book using the website. Rather than scanning QR....
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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....
Another e-commerce giant has joined the bitcoin world, with major Malaysian online mobile phone and electronic parts retailer i-Pmart adding it to the list of accepted payment methods last week. CEO and founder Mart Tang also said the company will hold onto the bitcoins it earns and watch the price rise, rather than convert them into local fiat currency. Although based in Malaysia, the company ships worldwide from outlets in its home country, plus China and the US. The bitcoin option was introduced first to the Malaysian site only, though international customers may still use that version.....
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.