Published on May 15th, 2018 | by bitcoin0
Bitcoin and Bitcoin Cash are now Being Accpeted by Tax Collector for Payments
Seminole County Tax Collector Joel M. Greenberg has announced that his office will begin accepting Bitcoin and Bitcoin Cash through BitPay for payment for various services starting this summer.
The blockchain allows the Seminole County Tax Collector to eliminate much of those fees while improving payment accuracy, transparency and efficiency, which ultimately benefits Seminole County tax payers.
Using the global blockchain payments provider, the Seminole County Tax Collector receives settlement the next business day directly to its bank account in US.
As a push transaction, the user sends the exact amount of bitcoin or bitcoin cash needed to pay the bill.
Unlike the high cost of credit cards, BitPay charges 1% to approve the bitcoin or bitcoin cash transaction and settlement.