31 Dec '14, 5pm

NYC Wants Drivers to Pay For Parking Tickets Via Apple Pay, Mobile Apps and Bitcoin

New York City is weighing new legislation that would enable drivers to instantaneously pay for parking tickets via Apple Pay, mobile apps and even Bitcoin. The city collects roughly $600 million from 10 million parking tickets annually, according to MarketWatch . However, the current payment system is rather outdated: offenders can only pay online, through the mail or in person at the courthouse. And if they don’t pay on time, late fees begin to accrue. This, along with a 2.5 percent credit and debit card fee, could change with the use of mobile apps and cryptocurrencies. While no mobile options are currently available, the city also believes a revamped system would ultimately cut down on the losses it incurs each year from unpaid violations. New York City’s finance department is reportedly envisioning an “aesthetically pleasing” mobile interface by which drivers could eit...

Full article: http://www.entrepreneur.com/article/241401

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NYC Might Let You Pay Parking Tickets Via Apple Pay, Bitcoin - PC Magazine

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pcmag.com 31 Dec '14, 6pm

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digitaltrends.com 31 Dec '14, 5pm

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New York City ponders bitcoin and Apple Pay for...

engadget.com 31 Dec '14, 7am

New York City wants to make it easier for the recipients of its some 8-to-10 million annual parking tickets to pay their f...

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arstechnica.com 31 Dec '14, 10pm

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The city of New York may soon allow drivers to pay for parking tickets using Bitcoin:

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