Coloradans in search of to resume a driver’s license or car registration on-line have a brand new cost possibility: cryptocurrency.
The Colorado Division of Motor Vehicles introduced Thursday that myDMV now accepts cryptocurrency through PayPal for on-line funds.
“On the DMV, we’re all the time searching for methods to higher serve Coloradans and leverage expertise to supply our providers,” DMV Senior Director Electra Bustle stated in a information launch. “This new on-line cryptocurrency cost possibility is one more approach the DMV is offering progressive and handy service supply to our clients.”
Coloradans can now use PayPal cryptocurrency when paying for driver’s licenses, identification playing cards, car registrations or different DMV providers on-line.
“Those that select to pay with cryptocurrency will likely be directed to PayPal, the place they will choose a selected cryptocurrency to make use of for the cost,” the discharge stated. “A ample quantity of cryptocurrency to cowl the transaction and costs is then transformed to {dollars} and remitted to the DMV to finish the web transaction.
There’s a service price of $1 plus 1.83% of the DMV complete for paying in cryptocurrency. PayPal charges could apply. PayPal is the one cryptocurrency supplier accepted right now.
For more information, go to DMV.Colorado.gov/Cryptocurrency.
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