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Home Economy

It is now possible to pay for a taxi trip in Madrid with cryptocurrency – Business

by Ursula Curtis
May 6, 2022
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In Madrid, taxi payments are already accepted in cryptocurrency. The push update is due to a partnership between Spanish startup Woonkly and taxi company Tutaxideconfianza, with the aim of modernizing its vehicle fleet. Since May, taxi drivers in this fleet will accept payments in both traditional and virtual currency.

According to El País, cash payments are accepted via PayPal, but the acceptance of many cryptocurrencies such as Bitcoin, Ethereum, WOOP, Binance Coin, Cardano and others has been added. The company specializes in long-distance travel between regions of Spain, from Madrid to its countries website It is possible to refer to prices and data for payment in cryptocurrencies.

Along with a startup specialist in blockchain projects, he seeks to help companies adapt to the technological lead. In this case, her solution seeks to help the taxi company offer new options to its passengers in the Spanish capital city. Madrid joins countries like the United Kingdom and Scandinavia in offering taxis for payments via cryptocurrency.

In the words of Daniel Santos, CEO of Wookly, the possibility of being able to pay with cryptocurrencies not only opens the door to the “crypto” world, but it is a conscious sign that society is beginning to integrate virtual currency into their daily lives. A step is also being taken in standardizing blockchain technology.

This method of payment joins other distinguishing features of the Tutaxideconfianza fleet, such as services for people with limited mobility in private and air-conditioned vehicles; the possibility of being able to reserve the car for family or friends; Or the possibility of asking the driver not to resume his journey until the customer enters the destination.

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Ursula Curtis

“Writer. Analyst. Avid travel maven. Devoted twitter guru. Unapologetic pop culture expert. General zombie enthusiast.”

Ursula Curtis

Ursula Curtis

"Writer. Analyst. Avid travel maven. Devoted twitter guru. Unapologetic pop culture expert. General zombie enthusiast."

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