A California-based visa and passport processing company announced that it would accept bitcoin as payment as US State Department operations began to normalize.
According to a November 6 announcement from Peninsula Visa, a passport and visa expanitor based in San Jose, the company said it would give customers the option to pay for select passport services using bitcoin (BTC). Supported by retailer payment facilitator Coinbase Commerce, Peninsula Visa will offer passport renewal and name change in addition to other passport-related applications. US citizens over the age of 16 are allowed to hold 10 "valid" passport books or cards valid for 10 years in addition to the one valid for 4 years.
"Offering travelers the ability to pay via bitcoin seems like the right step at the right time," Peninsula Visa COO Evan James said citing his hope that the trip would return to normal once the threat from the epidemic ended .
When government offices and businesses were first closed in March following measures to prevent the spread of COVID-19, many of the State Department's 26 passport agencies in the continental United States and Puerto Rico were affected, leading to earlier Passport processing was delayed for the time - renewing or changing their documents for the applicant as well as common events such as marriage. According to an LA Times report, as of September 23, there was a backlog of nearly one million passports.
However, many offices of the State Department have already opened for in-person passport applicants with employees. The government agency announced on 3 November that it had reduced the processing time for standards applications by 10–12 weeks, and for early passports 4–6 weeks - pre-COVID, allowing a person within a week under certain circumstances Passport can be obtained.
Although private businesses have given bitcoiners the opportunity to purchase international flights using cryptocurrency, governments have been short of doing so for fixed services. In June, a Venezuelan government agency briefly listed bitcoin as payment for passport applications for Venezuela living abroad before disabling the service the next day.
Read More Crypto News here
NOVEMBER 14, 2020
" for latest information client free news letter "