Seety, a Belgian digital parking company, has added support for crypto payments for parking tickets.
According to a story published by DataNews on Thursday, the business, which is one of the startups supported by the Belgian accelerator program Start it @KBC, has launched a crypto payment service in Antwerp and Brussels.
Seety users to pay for parking tickets using Bitcoin
Users will be able to pay for parking tickets in both cities using Bitcoin (BTC) starting on Thursday.
Customers may also utilize cryptocurrencies such as Bitcoin Cash (BCH), Ether (ETH), Litecoin (LTC), and Dogecoin (DOGE), as well as stablecoins like Dai (DAI) and USD Coin, in addition to Bitcoin (USDC).
Customers who want to pay for parking using cryptocurrency will use the coins to purchase Seety credits on the firm’s app platform. According to the publication, customers would not be charged any extra fees for utilizing cryptocurrency.
According to reports, the Seety app has over 355,000 users in Belgium and the Netherlands and aims to have more than 2 million euros yearly revenue by 2022.
According to the firm, using cryptocurrency to pay for a parking spot is symbolic of how cryptocurrencies could ultimately acquire wider acceptance in daily microtransactions. Seety believes that as tokens become more environmentally friendly, crypto usage will increase.
Thanks to a new agreement, Visa will be able to accept USDC payments
Using Bitcoin to pay for parking fines dates back to 2014 when the now-defunct Brawker software was available. Crypto payment alternatives for microtransactions are becoming more popular these days, despite considerable barriers to broader use.
Crypto credit cards and stablecoins are also making it more straightforward for businesses to accept cryptocurrency payment alternatives on their platforms by simplifying the process of spending cryptos.
Visa has announced that its crypto-enabled cards handled over $1 billion in bitcoin spending in the first half of 2021, as previously reported by Cointelegraph.
Seety, a Belgian digital parking company, has added support for crypto payments for parking tickets.
According to a story published by DataNews on Thursday, the business, which is one of the startups supported by the Belgian accelerator program Start it @KBC, has launched a crypto payment service in Antwerp and Brussels.
Seety users to pay for parking tickets using Bitcoin
Users will be able to pay for parking tickets in both cities using Bitcoin (BTC) starting on Thursday.
Customers may also utilize cryptocurrencies such as Bitcoin Cash (BCH), Ether (ETH), Litecoin (LTC), and Dogecoin (DOGE), as well as stablecoins like Dai (DAI) and USD Coin, in addition to Bitcoin (USDC).
Customers who want to pay for parking using cryptocurrency will use the coins to purchase Seety credits on the firm’s app platform. According to the publication, customers would not be charged any extra fees for utilizing cryptocurrency.
According to reports, the Seety app has over 355,000 users in Belgium and the Netherlands and aims to have more than 2 million euros yearly revenue by 2022.
According to the firm, using cryptocurrency to pay for a parking spot is symbolic of how cryptocurrencies could ultimately acquire wider acceptance in daily microtransactions. Seety believes that as tokens become more environmentally friendly, crypto usage will increase.
Thanks to a new agreement, Visa will be able to accept USDC payments
Using Bitcoin to pay for parking fines dates back to 2014 when the now-defunct Brawker software was available. Crypto payment alternatives for microtransactions are becoming more popular these days, despite considerable barriers to broader use.
Crypto credit cards and stablecoins are also making it more straightforward for businesses to accept cryptocurrency payment alternatives on their platforms by simplifying the process of spending cryptos.
Visa has announced that its crypto-enabled cards handled over $1 billion in bitcoin spending in the first half of 2021, as previously reported by Cointelegraph.
