Uber can start accepting payments in bitcoin or another cryptocurrency

Uber can start accepting payments in bitcoin or another cryptocurrency

Uber CEO Dara Khosrowshahi said the company could start accepting payments for its services in cryptocurrency. He spoke about it in an interview with CNBC.

Uber CEO Dara Khosrowshahi / Image: Samyukta Lakshmi / Bloomberg

Uber CEO Dara Khosrowshahi. Image Credit: Samyukta Lakshmi / Bloomberg

“As well as accepting all types of local currencies, we plan to consider cryptocurrencies and/or bitcoins as a means of conducting transactions. It’s good for business, it’s good for our customers and it’s good for our employees, so we’re definitely going to look at that. If there is an advantage, if there is a need, we will do it, but we will not just do it as part of a promotion.”– quoted the source of Mr Khosrovshahi’s words.

Recently, more and more companies are considering the possibility of using cryptocurrencies in their business. For example, Twitter’s CFO said earlier this week that the company was exploring the possibility of using Bitcoin.

As for the world’s most popular cryptocurrency, bitcoin, its price is gradually recovering this week after previously experiencing a significant drop in value. At the time of writing this article, one bitcoin received around $42,580. After bitcoin, the cost of some other cryptocurrencies, such as Ethereum and XPR, gradually started to increase.



About the author

Robbie Elmers

Robbie Elmers is a staff writer for Tech News Space, covering software, applications and services.

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