Parking for Bitcoin - In Belgium, paying for parking in crypto is now possible

Seety, a Belgium-based digital parking startup, has introduced a new payment vector for parking tickets. The company expects Bitcoin (BTC) and other cryptocurrencies to be used more in everyday life.

Bitcoin in everyday life

You can now pay for your parking in Antwerp and Brussels with BTC. That’s because as of Thursday, Seety, the Belgian digital parking startup, is offering the option to pay with seven different cryptocurrencies in addition to traditional methods, including bitcoin andEthereum (ETH).

The company Seety benefited from the Belgian program “Start it @KBC” which sets out to be a founder-centric accelerator focused on the mission of supporting entrepreneurs in their passion, goals and business.

According to a report published Thursday by DataNews, in addition to Bitcoin, customers can also use cryptocurrencies such as Ether (ETH), Bitcoin Cash (BCH), Dogecoin (DOGE) and Litecoin (LTC), as well as stablecoins like Dai and USD Coin (USDC).

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More and more cryptos for microtransactions

With Seety, users can find the cheapest parking zones, avoid parking fines and pay for parking with just a few clicks. The company also recently introduced its app in over 100 Dutch cities and municipalities.

The app, available for iOS and Android, now has 355,000 active members in Belgium and the Netherlands and is said to be aiming for an annual turnover of over €2 million by 2022.

For the company, the use of crypto to pay for parking spaces is indicative of how cryptocurrencies will eventually be adopted more and more widely in everyday micro-transactions. Seety expects crypto adoption to grow even more once cryptos become more environmentally friendly.

The use of Bitcoin to pay parking tickets dates back to 2014 with the now defunct Brawker app. These days, crypto payment options for microtransactions are becoming increasingly popular, though there are still significant barriers to wider penetration.

Crypto credit cards and stablecoins are also helping to simplify the cryptocurrency spending process while making it easier for merchants to integrate cryptocurrency payment options on their platforms. <a href=”https://journalducoin.com/news/bitcoin-entree-twitter-tips/” target=”_self” rel=”noopener”>Latest evidence of this with Bitcoin entering Twitter through the back door of tips

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