PARIS — After experimenting the payment of bus tickets with virtual currency, Bitcoin, a French company has become the first in its sector to set up this type of payment across Europe, reported CCN.LA. Isilines, a new long-distance passenger transport division of , has been using Bitcoin as a method of payment alongside traditional credit card payments on its website since August 2, 2016, the report said. Some of the advantages of this approach include that transactions are validated in ten minutes, allows immediate conversion of funds in euros, provides a means for tourists to avoid exchange fees associated with credit card payments and as an initiative that reflects an innovation-oriented mindset, according to CCN.LA. For the full story, click here.
A French division of Transdev Group, Isilines, is offering customers the option of purchasing long-distance bus tickets with Bitcoin. The company says it has been working on a system that allows users to buy and sell bitcoin in exchange for tickets, which can be purchased at any time from anywhere in Europe.