Dutch food delivery website now takes bitcoin (Update)

Nov 05, 2013

The main website that arranges home delivery for restaurants in the Netherlands is now accepting payment in bitcoins, an increasingly popular form of digital currency.

Around 5,000 Dutch restaurants use the Thuisbezorgd.nl site to handle around 600,000 online orders and deliveries per month. The company's marketing manager, Imad Qutob, said in a statement Tuesday that Thuisbezorgd wants to offer customers more choice in how they pay.

The company says around half its customers pay cash on delivery. Others pay via the site using debit cards, credit cards, PayPal or an online system run by Dutch banks.

Paying with bitcoins could save customers a little change: Thuisbezorgd adds surcharges of up to one euro ($1.35) for other forms of online payment.

Bitcoin is a cryptography-based digital currency that advocates say is counterfeit-proof.

Its value is determined by supply—which is limited by its design—and demand. Among the various criticisms leveled at bitcoin are that it is too prone to price swings against other currencies to be useful.

On the biggest online exchange where bitcoin is bought and sold, it traded as high as $258 per bitcoin Tuesday. That's near its record high of $266 set in April, and an increase of more than 10 percent in the past 24 hours.

Thuisbezorgd is the latest in a series of mainstream businesses willing to accept the currency, which was once considered little more than an oddity.

Explore further: 'World's first' bitcoin ATM opens in Canada

not rated yet
add to favorites email to friend print save as pdf

Related Stories

New fund launched for bitcoin investors

Sep 26, 2013

Bitcoin Thursday got a lift with the arrival of a new investment vehicle that lets wealthy and professional investors bet on the virtual currency.

Tor and Bitcoin promise online stealth

Oct 02, 2013

The Silk Road website that was shut down by US authorities, who branded it a black market for drugs and other illicit wares, relied on Tor and Bitcoins to protect the anonymity of users. ...

US studying risk from online payment providers

Jun 03, 2013

The United States is studying the potential risk from online payment mechanisms like PayPal and Bitcoin, a top US Federal Reserve official told an international conference on Monday.

Recommended for you

Malaysia's Mahathir calls for Internet censorship

1 hour ago

Former Malaysian prime minister Mahathir Mohamad has called for the Internet to be censored to preserve "public morality", in what the opposition suggested Saturday was an attempt to silence government critics.

Social network challenges end in tragedy

10 hours ago

Online challenges daring people to set themselves ablaze or douse themselves in ice water are racking up casualties and fueling wonder regarding idiocy in the Internet age.

States debate digital currency

11 hours ago

Now that consumers can use digital currencies like bitcoin to buy rugs from Overstock.com, pay for Peruvian pork sandwiches from a food truck in Washington, D.C., and even make donations to political action committees, states ...

User comments : 0