Renowned Brazilian Passenger Bus Companies Start Accepting Cryptocurrencies

by | Jun 12, 2018 | Cryptocurrency, Cryptocurrency News

Brazil Passenger bus Companies | Brasil Sul | Viação Garcia | Payment in cryptocurrencies | Cryptocurrency updates

Latest in the headlines to be accepting cryptocurrencies as payments are two major passenger bus companies, Brasil Sul and Viação Garcia both of which have started accepting BTC payments for online ticket sales on June 6.

The companies wrote, crypto payments, adding that:

“In the country, it is the first group of passenger transports to accept” crypto payments. The group opted, initially, to use bitcoin (BTC), the most popular virtual currency on the market today…[and] by July, two other cryptocurrencies will be accepted: bitcoin cash and litecoin.”

The first bus company, Viação Garcia was founded in 1934. Today, the company is one of Brazil’s five largest companies in the sector, its website claims. “The modern fleet of more than 800 buses runs 5.5 million kilometers per month.”

On the other hand, Brasil Sul’s website claims that the company “has the newest and most modern fleet in Brazil.”

GBS vice president Estefano Boiko Junior indicated that the rest of company’s operations can also be carried out with cryptocurrencies, emphasizing that “the transport sector could not be left behind,” Cripto Tendencias conveyed and quoted him saying:

Cryptocurrencies represent changes in financial relationships. They facilitate purchases online. Many of the economic and commercial operations are migrating to the digital world and the segment of passenger transport by road could not be different.

The two companies both explained on their websites that “when choosing the bitcoin [payment] option, the client should open their wallet and scan the code that appears on the site screen.” The purchase is completed after the customer confirms the order.

The voucher will be forwarded to the customer’s email address to confirm the payment and the shipment, both firms similarly noted. publishes latest news and updates about Bitcoin, Blockchain Technology ,Cryptocurrencies and upcoming ICO’s.

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