BITCOIN IN BRAZIL'S TRANSPORTATION SECTOR.

in gtg •  5 years ago 

🚌 Brazil’s fifth-largest city to accept bitcoin payments for public transportation

Fortaleza - Brazil's city with population of about 2.7 million, is set to accept bitcoin (BTC) payments for public transportation by the end of this year.

Local news outlet reported that local transport company will provide Fortaleza citizens the option to buy bus tickets using bitcoin, credit and debit cards.

"This is a way of reducing bureaucracy, even bringing more users into transport." said Carlos Robério Sampaio, chief financial officer of Cootraps.

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