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Crypto Payments in Portugal's Car Rent Industry

Posted on Feb 6, 2024
Crypto Payments in Portugal's Car Rent Industry

In the fast-evolving B2B landscape, integrating innovative payment solutions is crucial for businesses looking to stay ahead of the curve. This is the story of how ChainCar Hire, a Portugal-based car rental service, leveraged Plisio's cryptocurrency payment gateway to enhance its operational efficiency and customer satisfaction.

Redefining Car Rent in Portugal

Founded in 2018, ChainCar Hire has quickly become a leading name in the Portuguese car rental industry. Operating in major cities across Portugal, including Lisbon, Porto, and the Algarve, ChainCar Hire has built a reputation for providing top-notch rental services. With a dedicated team of 50 employees, the company serves over 5,000 active users each month, offering a seamless rental experience.

Cryptocurrency Payments for Car Rent

As ChainCar Hire expanded its services, the company recognized the need to diversify its payment options to cater to a broader audience, including cryptocurrency enthusiasts and travelers seeking flexible payment methods. The primary goals were to streamline the payment process, reduce transaction fees, and ensure the highest level of payment security.

USDT Payments Welcome

ChainCar Hire turned to Plisio, a payment gateway that supports Bitcoin, Ethereum, Monero, Tron, Litecoin, and USDT, to address these challenges. By integrating Plisio into their payment system, ChainCar Hire was able to offer its customers the ability to pay with their preferred cryptocurrency, making the rental process more accessible and convenient.

Cryptocurrency Impact

The introduction of Plisio's payment gateway had an immediate impact on ChainCar Hire's business. The company witnessed a 15% increase in bookings within the first six months post-integration. Furthermore, the reduction in transaction fees contributed to a 10% decrease in overall payment processing costs, significantly boosting the company's net profit margins.

Accepting Cryptocurrency Transforms Business Landscape

"Adopting Plisio's cryptocurrency payment gateway was a game-changer for ChainCar Hire. It simplified the payment process for our customers and significantly expanded our customer base. Being able to securely and efficiently accept cryptocurrency payments has set us apart as the go-to car rental service for the new generation of travelers", said Maria Gomes, Marketing Director at ChainCar Hire.

Bitcoin & Ethereum Payments Boosts B2B Sector

ChainCar Hire's successful partnership with Plisio exemplifies the transformative power of embracing cryptocurrency payments in the B2B sector. By adopting a forward-thinking approach to payment solutions, ChainCar Hire has not only improved its operational efficiency but also enhanced its market competitiveness, setting a benchmark for innovation in the car rental industry

Please note that Plisio also offers you:

Create Crypto Invoices in 2 Clicks and Accept Crypto Donations

12 integrations

6 libraries for the most popular programming languages

19 cryptocurrencies and 12 blockchains

Any questions?

ChainCar Hire partnered with Plisio, a cryptocurrency payment gateway, to allow customers to pay with Bitcoin, Ethereum, Monero, Tron, Litecoin, and USDT. This integration streamlines the payment process, offering a more flexible and convenient option for renters.

Customers can pay using various cryptocurrencies, including Bitcoin, Ethereum, Monero, Tron, Litecoin, and USDT, thanks to ChainCar Hire's integration with Plisio's payment gateway.

Yes, the adoption of cryptocurrency payments through Plisio's gateway led to a 15% increase in bookings and a 10% reduction in payment processing costs within the first six months, significantly enhancing the company's profit margins.

Paying with cryptocurrency at ChainCar Hire offers several advantages, including lower transaction fees, enhanced payment security, and the convenience of using preferred cryptocurrencies, catering to a wider audience of tech-savvy travelers and cryptocurrency enthusiasts.

Absolutely, tourists and travelers seeking flexible payment methods can take advantage of ChainCar Hire's cryptocurrency payment option, allowing them to use their preferred cryptocurrencies for rentals in major cities across Portugal.

The integration of cryptocurrency payments has positively impacted customer satisfaction by offering a seamless, secure, and flexible payment method. This has not only broadened ChainCar Hire's customer base but also positioned the company as a preferred choice for a new generation of travelers.

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