Digital Assets: Belgian Startup Seety Enables Crypto Payments For Parking

September 2, 2021 | Digital Assets, FinTech, News

Seety is a Belgian startup from the stable of start-up accelerator Start it @ KBC.

Seety, a Belgian startup focused on digital parking has made it possible for users to pay for parking in Antwerp and Brussels with cryptocurrencies. Seety founders Hadrien Crespin and Nicolas Cognaux (pictured above) have the vision that more and more people will use cryptos for everyday purposes as the coins become more climate-friendly. (DataNews)

How it works

The Seety app currently allows bitcoin, ethereum, bitcoin cash, litecoin, dai, dogecoin and USD coin for parking payments.

Users can purchase Seety credits using their cryptos on the Seety app. These credits can then be used to pay for parking.

Seety features an interactive map on its app that users can use to locate the cheapest or free parking spots. In addition, they can ascertain the prices and parking regulations for any street or parking lot in town.

A community feature allows a member to be notified in case a parking officer is spotted near their car.

The app has already amassed 355,000 active members and is now available in over a hundred Dutch cities and municipalities.

Seety is hoping to clock a turnover of 400K euros and 2 million euros in 2021 and 2022, respectively.

In May, Google Maps launched some new features that allow payments, such as parking meter and transift fares, using the app itself.

Google Maps integrated with Google Pay, parking solutions providers, and over 80 transit agencies around the world to enable digital, contact-free payments from inside the Google Maps App.

Users can therefore save time and avoid contact with surfaces that may have been touched by hundreds of people.

Related Story: Porsche’s App Makes Contactless Parking A Cinch In Melbourne

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