Government Fees, Parking Tickets May Soon Be Paid in Bitcoin

“While some call Bitcoin an ‘existential threat to the state,’ local governments could soon embrace the digital currency and payment system as a practical alternative to credit and debit cards.  E-Gov Link, an Ohio company that helps municipalities accept payments online for parking tickets, permits, and the like, now allows its customers to take bitcoin.-  Bitcoin transactions can be processed at a fraction of the cost of other payment methods because they avoid the interchange structure of the legacy card processors.”

http://www.paymentssource.com/news/government-fees-parking-tickets-may-soon-be-paid-in-bitcoin-3013753-1.html

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