Seety, Belgian Startup, Launches Bitcoin Payment For Parking Sessions
September 04 2021 - 3:30PM
NEWSBTC
The adoption of crypto as a payment method for everyday goods and
services has risen in recent months. Digital parking startup,
Seety, has made it possible to pay for parking tickets with Bitcoin
in some Belgian cities. According to a report by DataNews on
Thursday, the Belgian startup released this crypto payment feature
in Antwerp and Brussels. Related Reading | New To Bitcoin?
Learn To Trade Crypto With The NewsBTC Trading Course In addition
to Bitcoin, users can also use other digital currencies to make
payments. The options include cryptocurrencies such as Ethereum,
Bitcoin Cash, Litecoin, Dogecoin, and stablecoins like DAI and USD
coin. The company expects cryptocurrencies to become more
environmentally friendly in due course, meaning they will
increasingly be used to pay for everyday goods and services. How
Seety Works To use crypto coins to pay for a parking space
via Seety, users can purchase Seety credits on the app. The
transaction costs are the same as for the payment by credit card.
Seety features an interactive map on its app that helps users
locate the cheapest or free parking spots. Additionally, they can
determine the prices and parking regulations for any street or
parking lot in town. A community feature notifies a member in case
a parking officer is spotted near their car. With Seety, users can
find the cheapest parking zones, avoid parking fines and pay for
their parking in two clicks. Total crypto market rises to $2.275
Trillion | Source: Crypto Total Market Cap from TradingView.com The
company also recently introduced its app in more than a hundred
Dutch cities and municipalities. The app, available for iOS and
Android, now has 355,000 active members and expects a turnover of
400,000 euros in 2021. For 2022, the startup aims for a turnover of
2 million euros. The startup is one of the firms bootstrapped by
the Belgian accelerator program Start it @KBC. Using Crypto For
Everyday Transactions Using crypto to pay for parking services
dates back to years ago. In 2014, a Reddit user posted that he
had paid a parking ticket with Bitcoin using the online marketplace
Brawker. Related Reading | Visa Customers Have Spent Over $1B
On Crypto-Linked Cards This Year Recently, Visa stated that its
crypto-enabled cards processed over $1 billion in crypto spending
in the first half of 2021. Featured image from AppWikia.com, Chart
from TradingView.com
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