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You can pay by Bitcoin for taxi in Budapest
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According to portfolio.hu, it is estimated that the Bitcoins in Hungary are worth 8 million HUF , but the crypto money is hard to be spent. Now, Budapest Taxi accepts Bitcoin for the ride as well.
The passengers have to scan a QR code with their mobile phones. That directs the passenger to a website where they can select the amount of money. Then the website searches for the Bitcoin wallet app, where you can approve the transaction. Thereafter the taxi driver’s POS terminal prints a confirmation.
The taxi company receives the income in forint within 48 hours. The exchange rate is nearly real-time, it is based on foreign stock exchanges. If Bitcoin price increases, the journey will be cheaper on the passenger’s side but, nevertheless, the taxi company gets the same amount of forints, since administrative charges are imposed on passenger transport, portfolio.hu reminded.
According to the estimation of the Hungarian startup Coinpay Zrt there is an amount of 8 billion HUF Bitcoins in the country. The company operates two Bitcoin ATMs, so we can say that a few hundred Hungarians definitely have Bitcoin.