Miami, FL – October 21st, 2021 – Today Vugo co-founder James Bellefeuille announced that Vugo will accept Cryptocurrency through a merchant account created in partnership with Coinbase Commerce to allow advertisers to purchase both digital and traditional out of home advertising on their rideshare advertising platform.
United States-based rideshare advertising network Vugo is the latest company to adopt cryptocurrency payments. The company, which is based in Minneapolis,MN with distributed team members in Miami, FL and San Francisco, CA. Vugo announced its adoption of crypto payment service provider Coinbase Commerce, which will allow it to accept payments in several cryptocurrencies, including Bitcoin (BTC).
The new partnership enables Vugo’s clients to elect to pay with cryptocurrency via invoice after executing an advertising agreement to pay via their coinbase wallets. Currently, advertisers have the option to pay with Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), Litecoin (LTC), Bitcoin Cash (BCH), Dai and USD Coin
Robert Flessner, CEO of Vugo, described the partnership as the next step in DOOH as we work towards enabling digital place based commerce through Cryptocurrency. Alex Raykhfeld, Vugo’s Director of Operations said that the Coinbase Commerce payment option is now available in all the countries in which Vugo operates including the United States, Canada, The European Union, Middle East, and other regions.
About Vugo:
Vugo empowers drivers across the world with the most robust rideshare advertising solutions. Vugo invented rideshare advertising in 2015 and is proud to be a leader in the rideshare advertising space. Vugo is based in Minneapolis, MN with a distributed team throughout the USA. Major investors include Florida Funders VC and Tihama New Media.
To learn more about VUGO’s rideshare advertising solutions or to request our media kit visit: https://GoVugo.com or email Sales@GoVugo.com
FOR IMMEDIATE RELEASE: October 21st, 2021
Company Contact:
James Bellefeuille
Co-Founder, Vugo, Inc
+1 415-598-2070
James@GoVugo.com
