Crypto holders
in Austria will soon be able to spend their coins at more than 2,500
points of acceptance using A1 Payment — one of the biggest mobile
network operators in the country.
According to an announcement made
by the Austrian fintech firm, Salamantex, their “Crypto Payment Service
Software” is now integrated into the A1 Payment platform. Merchants
will start accepting Bitcoin (BTC), Ethereum (ETH), or Dash, instead of cash or credit cards, in summer 2020.
Austria’s current stance towards crypto
Salamantex also praised the country’s recent stance towards switching to cashless payment transactions “as far as possible.”
Markus Pejacsevich, CEOO of Salamantex, said:
“Our
goal is to make paying with digital currencies at the checkout as easy
and natural as we have been used to with credit cards for decades. With
A1, we have a partner for the Austria-wide roll-out who, just like us,
is convinced of this payment system of the future and works towards
making payment with digital assets accessible to the broad masses.”
Regulated by the Financial Market Authority
Salamantex’s
“Crypto Payment Service Software” aims to enable a roll-out of the
crypto payment service in neighboring countries as well.
In 2019, A1 started
accepting cryptocurrencies as payment in seven selected shops in
Austria. This enabled A1 customers to pay for services using the Chinese
payment operators, Alipay and WeChatPay.
source link : https://cointelegraph.com/news/austrian-crypto-users-will-soon-be-able-to-spend-crypto-at-2-500-locations