Italy’s Largest Taxi Fleet Accepts Bitcoin
Italy’s largest taxi fleet, Cooperativa RadioTaxi 3570, now accepts bitcoin. The company boasts over 3,700 cars in Rome, providing more than 10 million cab services each year. About RadioTaxi 3570. Created in November 1968 by a little more than 100 founding members, RadioTaxi 3570 is “the Roman radio cab cooperative belonging to Roman taxi drivers who....
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Italians in a rush can now call on bitcoin to get them where they’re going. One of Italy’s largest taxi fleets, Cooperativa RadioTxi 3570, now accepts bitcoin for fares. The company recently joined hands with Chainside, a startup that allows businesses to accept bitcoin payments. Customers can download the Chainside app to their mobile phones or smart devices and pay their fees through the quick touch of a button. The company provides taxi services to anyone visiting a large Italian city. Whether it’s Rome or Venice, tourists and travelers can get their sights on with a little help from....
Italy’s biggest taxi firm, Cooperative RadioTaxi 3570, announced earlier this month that it is now accepting the digital currency, bitcoin, as a form of payment to its customers, according to Bitcoin.com. With 3,700 cars in the capital of Italy, answering 30,000 calls a day, and providing more than 10,000,000 taxi services throughout a year, it is the biggest taxi firm in Europe. This announcement further expands the companies reach at a time when bitcoin’s growth shows no signs of slowing. Bitcoin Made Possible. Through the partnership with Chainside, a startup located in London and Italy....
Ask your average London cabbie or New York cab driver whether they know what bitcoin is and they're likely to give you an "eh?" and a blank look. With this in mind, the likelihood of finding a taxi that accepts payment in digital currency is extremely slim. However, slowly but surely, this is starting to change. Lithuanian taxi firm JazzExpress started accepting bitcoin on 20th September this year. Jonas Gilys, development director at the company, said he and his colleagues first heard about bitcoin back in 2009, when they also started mining the cryptocurrency. "We decided to start....
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....
Italy’s banking system is on the verge of a meltdown with the oldest bank in the world falling short of 3 billion euros. Monte Dei Paschi, Italy’s third largest bank is in eye of the storm, as its shares fell by 12% on Wednesday ahead of a deadline for recapitalisation. Italy’s banking system is on the verge of a meltdown with the oldest bank in the world falling short of 3 billion euros. Other big names, like UniCredit, are in equally bad shape. It was uncovered by Wells Fargo that nearly 15% of all loans held by Italian banks could be at risk of default. Though the Italian parliament has....