Uber Bitcoin Payments No Longer Possible Thru Bitcoin Builder

Since ride-sharing platform Uber has denied rumors saying that it is accepting bitcoin transactions and clarified that this feature is not yet in the pipeline, Bitcoin Builder sought to create a workaround by offering users access to its Uber business account to make bitcoin payments. However, Uber decided to suspend this particular account this week.

Bitcoin Builder is still appealing to Uber to reinstate the account and, according to a message shared on Reddit, the company will reexamine the suspension.

Uber Payments Thru Bitcoin Builder

As it turns out, Bitcoin Builder is facilitating these bitcoin transactions by receiving the funds and then granting customers access to their business account. The user is required to enter his/her email then deposit a minimum of $10 into the Bitcoin Builder wallet. From there, the user’s personal Uber account must be linked to Bitcoin Builder’s business account from which the bitcoin payment option can be used.

Some questioned that this might be in violation of Uber’s business account policies, as this is offered to companies that are seeking to reduce transportation costs or allowances to their employees. Others say that Uber is against the company requiring a minimum deposit and maintaining balance, turning the

Read more ... source: NewsBTC USA