Argentine passengers can now pay with cryptocurrencies for travel in public transport. This was first reported on February 6 at Cripto247, the local news site.
According to the report, now users from 37 Argentine settlements can replenish the balance of the travel card with cryptocurrency. Innovation has been made possible through the collaboration of Bitex and Altoviaje.
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SUBE card and replenishment of travel with cryptocurrencies
Recall that Bitex is a cryptocurrency bank with a locally defined center. After the sale of the franchise, the offices of the crypto-bank have already spread to Singapore, Thailand, the Philippines, the United Arab Emirates, Hong Kong, India, Japan, and Korea. Altoviaje is a payment card provider company that supports a payment system of the same name.
According to a message on Cripto247, today users from 37 cities in Argentina can replenish their SUBE cards with Bitcoin. This feature is made possible by the recent integration of Alto Viaje with Bitex.
Recall that the two companies began their activities in 2014. At the same time, Bitex functioned as a fintech start-up to expand the blockchainBlockchain
is a continuous and sequential block chain of information (digital linked list). When building a blockchain, copies of related blocks are simultaneously stored on multiple computers.Details BTC in Latin America.
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"We believe that this type of project is important because it introduces the technologies of the future (...) Bitcoins for ordinary people – this demonstrates the true value and new opportunities that everyone can use in everyday life." – Manuel Beaudroit, marketing director at Bitex.
In Argentina, public transport will now be paid for by Bitcoin. In a press release, innovations also reported that the minimum replenishment in cryptocurrency should be equivalent to 50 pesos.
Editor: Yulia Krasnaya