London-based taxi app Hailo could allow customers to pay for their rides using cryptocurrency Bitcoin, according to the company’s CEO Jay Bregman.
Speaking to digital currency news site Coindesk, Bregman said Hailo could also allow Bitcoin to be sent directly to drivers. Hailo, founded in London in 2011, gives customers the ability to hail cabs through its own app.
“We have [always] sought to find ways to provide benefit to our drivers and our passengers. I believe strongly that Bitcoin is one of these ways. Absolutely, like many other things, we are actively looking into it,” said Bregman.
However, Bregman stressed that his comments were made in a personal capacity, adding that Bitcoin would not replace the current method of credit or debit user-authorisation. The new process would settle the bill by automatically withdrawing money from the customer’s account.