Video: See The Neo & Bee Payment Network in Action

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Sadly, the launch of Neo & Bee’s first branch in Nicosia, Cyprus was overshadowed by the ongoing drama at Mt. Gox, but that hasn’t stopped the company from doing great things.

This morning we caught a neat video on the Bitcoin page at Reddit.com which shows the Neo & Bee payment network in action.

In the video, you can see the company’s ‘Bee’ card inserted into their payment terminal. The customer enters his PIN, is texted a code, and that code is inputted into the terminal to complete the transaction.

It’s an interesting watch, and it’s just under a minute long, so it won’t take too much of your time up.