People wishing to make payments of up to CHF200 ($195) at the city hall in Zug, Switzerland, can do so using bitcoin, in a move introduced in July. Although only a handful of customers have done this, Zug city council is hailing it a success, sending out a positive message to fintech companies. In der Zuger Stadtverwaltung kann man Gebühren weiterhin mit Bitcoins bezahlen. The new system allows people who are not Swiss citizens or residents with permanent residence status to pay for services and goods from their mobile phones without having to go through traditional banking channels. "It was an important experience for us to install and test the technology for bitcoin payments," said Dolfi Müller, mayor of Zug.
People wishing to make payments of up to CHF200 ($195) at the city hall in Zug, Switzerland, can do so using bitcoin, in a move introduced in July. Although only a handful of customers have done this, Zug city council is hailing it a success, sending out a positive message to fintech companies. The new system allows people who are not Swiss citizens or residents with permanent residence status to pay for services and goods from their mobile phones without having to go through traditional banking channels. "It was an important experience for us to install and test the technology for bitcoin payments," said Dolfi Müller, mayor of Zug.