RATE Group | Bitcoin and Crypto Now Accepted for Bus Tickets in Fortaleza, Brazil
56268
post-template-default,single,single-post,postid-56268,single-format-standard,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

Bitcoin and Crypto Now Accepted for Bus Tickets in Fortaleza, Brazil

30 Jul Bitcoin and Crypto Now Accepted for Bus Tickets in Fortaleza, Brazil

Posted at 12:52h in Bitcoin News by

[ad_1]

Fortaleza, a major city of northeast Brazil, will start accepting Bitcoin (BTC) as payment for bus tickets by the end of 2019.

Transportation service says paying with Bitcoin will reduce operational costs

A local transportation service announced an initiative to allow citizens to pay for bus tickets by credit and debit cards as well as Bitcoin and other cryptocurrencies, as reported by Cointelegraph Brazil on July 25. The initiative purportedly aims to reduce operational costs in the bus ticketing system, the report notes.

The entity, called Cooperative of Independent Transport of Passengers of the State of Ceará (Cootraps), said that passengers will be able to pay for their trips with Bitcoin through their smartphones by scanning a QR code, as first reported by Brazilian tabloid newspaper O Povo. 

Cootraps lets people pay for bus trips with Bitcoin

While Cootraps reportedly stated that the upcoming system will also accept some other cryptos besides Bitcoin, the cooperative did not…

[ad_2]

Source link

Tags:
, , , , , ,