Türkiye's Emniyet Taksi taxi service now accepts BTC payments

The boom in tourism has also boosted foreign exchange, but tourists end up choosing local currencies due to foreign exchange fees and other related costs. In addition, each country has a maximum limit on the amount of cash an individual can bring into the country. Tourists can only bring a small amount of cash from home, and using credit cards abroad is not a good deal. Every time you swipe a card or use an ATM machine abroad, you end up losing a lot of money.

Now, with the emergence of virtual currency, you can use it to purchase goods and services abroad. The transaction fees attached to virtual currency exchanges are almost negligible and are being accepted by merchants.

Transportation is an important part of the tourism industry and once tourists reach their destination, they will have to rely on public transportation, or taxis.

Today, taxis are the most popular means of transportation for tourists around the world. In order to make Turkey's local tourism industry more friendly and promote the adoption of Bitcoin, Emniyet Taksi has launched Bitcoin payment in the resort city of Marmaris. Tourists can use Bitcoin to pay when taking Emniyet Taksi taxis. The suggestion of accepting Bitcoin taxis was made by tourism entrepreneur Mr. Kursat Oncel. In addition to taxis, he also cooperated with hotels, restaurants and travel agencies in Marmaris to allow them to accept Bitcoin as a payment method.

In addition to being easy to carry, Bitcoin also has other advantages. It will reduce tourists' confusion about currency conversion rates. In addition, the confirmation time of Bitcoin payment is about 10 minutes, and there will be no refund issues.

Bitcoin payments for taxis and car rentals are not just for the travel industry, they are also for regular commuters. International on-demand ride-hailing providers, such as Uber, face problems because of the different transaction models they use in different countries.

For example, when Uber entered the Indian market, it faced the problem of integrating credit card payments. The number of credit card users in India is relatively low, which is a big obstacle for a ride service provider. Of course, Uber eventually partnered with mobile wallet services and found a solution. However, if they use Bitcoin as a backup payment option, they can ensure uninterrupted service.

Bitcoin is not just for India and Uber, it is for all services around the world. Turkey's Emniyet Taksi taxi service now offers Bitcoin as a payment method for its customers. We will see more and more taxi services offering Bitcoin and other virtual currencies as payment methods.