Parking app accepts cryptos in Netherlands and Belgium

By Raffaele Redi

Digital parking startup adopts crypto payment support for tickets in Brussels

Seety Community                                 
Photo: Seety
                                

Seety, a Belgium-based digital parking startup, which has recently adopted crypto payment support for parking tickets, said it is ready to extend the service to the Netherlands where the app is available in more than 100 cities.

“We plan indeed to roll out this service in the Netherlands where our on-street parking payment is already available in more than 100 cities,” Laura Seeres, Seety Community manager told Currency.com.

The extension of the crypto currencies’ adoption to the Netherlands would come after the positive results recorded in Brussels. Antwerp was where the app first experimented with the usage of some digital currencies as a means of payment. The company is accepting Bitcoin (BTC) Ether (ETH), Bitcoin Cash (BCH), Dogecoin (DOGE), and Litecoin (LTC), as well as stablecoins like Dai and USD Coin (USDC).

“The launch of our payment in cryptocurrencies is going very well, we already have several dozens of payments in crypto per day, mostly in bitcoins and litecoins,” Laura Seeres told Currency.com.

The Seety App

Customers wishing to use crypto to pay for a parking space can use the crypto coins to buy Seety credits on the company’s app without any additional fee.

According to Datanews, the Seety app reportedly has over 355,000 users in Belgium and the Netherlands and is aiming to achieve an annual turnover above €2m ($2,3m) by 2022.

The US successful air parking experience

Bitcoin payments for parking tickets seems to work where it comes to airports, with one of the most successful app being the ‘On air Parking’. The company focuses on low-transactions fees.

“As fans of the cryptocurrency movement, we currently accept 70+ cryptocurrencies — this is our way of making the purchase process as simple as possible for you," the company stated on its website.

The company started trading in 2018, operating as Top Airport Parking. They were accepting more than 40 kinds of different cryptocurrencies.

“Top Airport Parking accepts 40+ cryptocurrencies, including bitcoin, for online reservations at 11 major U.S. airports. All of the payments received with cryptocurrencies have negligible fees compared to current credit card processing companies,” claimed the company four years ago.

The first bitcoin parking APParition

The Seety app is not the first in the history of the parking payments. Back in 2014, apps from the US and Canada began allowing the usage of cryptos as a way of payment, some of them are still operating in the market although it is not clear if they are still accepting cryptocurrencies or not.

“I just paid a parking ticket with Bitcoin: Just wanted to share what I think is a world first - I just paid a parking ticket (Imgur) with Bitcoin!” claimed a Reddit user in 2014.

The user, who could be now regretting the purchase considering how much a bitcoin is worth, made the transaction via Brawker.com, “an online service for individuals who want to buy and spend bitcoins,” whose domain is now for sale as it closed down.

Further reading: Softbank-backed Paytm raises $1bn in further funding

The material provided on this website is for information purposes only and should not be regarded as investment research or investment advice. Any opinion that may be provided on this page is a subjective point of view of the author and does not constitute a recommendation by Currency Com or its partners. We do not make any endorsements or warranty on the accuracy or completeness of the information that is provided on this page. By relying on the information on this page, you acknowledge that you are acting knowingly and independently and that you accept all the risks involved.
iPhone Image
Trade the world’s top tokenised stocks, indices, commodities and currencies with the help of crypto or fiat
iMac Image
Trade the world’s top tokenised stocks, indices, commodities and currencies with the help of crypto or fiat
iMac Image