Wednesday, February 19, 2014

PassportParking first to Accept Bitcoin to Parking Meters


Bitcoin amid being consistent and slump in price from $1,000 USD in November, still its way to prove why we’ll love the existence of it and the convenience it brought more people. Aside from being anonymous, incurring fewer fees is a huge impact why this crypto-currency remains intact in the circulation.
North Carolina–based cloud parking solutions provider PassportParking has announced that it will now allow parking operators to accept bitcoin payments for purchases.
PassportParking said that in doing so it will be the first company to facilitate bitcoin acceptance in exchange for parking at metered spaces and lots. The company serves 75 clients in 35 states, who now have the option to enroll in the service.
Explained PassportParking:
“Paying with bitcoins allows privacy–conscious customers to have the same form of ‘identity–less’ payments that they would have with coins or cash.
The move also benefits parking operators with near–zero merchant processing fees, increasing revenues without an additional cost for the parking customer.”
Bitcoin enthusiasts and owners might like the idea of this in where they can easily transfer payment just by clicking their own hand phones. Another first for bitcoin.
More of this news here

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