Parkt Opens Its Parking Rewards System to Bitcoin Users

By February 18, 2015Bitcoin Business

Parking Garage Parking rewards startup Parkt is integrating bitcoin into its system, allowing users to withdraw earned reward points directly to a bitcoin wallet.

"What really annoys people about parking is paying for it," said Parkt CEO Tim Karunaratne, noting that the average American spends about $1,300 a year doing just that. "The system is pay-to-spend," he added.

Parkt works with mobile apps on devices used by both customers and businesses. Customers first use it to scan […]

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