Payment Era with Bitcoin Begins in Europe

The era of payment with cryptocurrencies is starting at more than 2,500 points in Europe. Austrian cryptocurrency holders will be able to spend at more than 2,500 locations using A1 Payment, one of the largest and most well-known mobile network operators in the country. According to the statement made by Austrian Fintech company Salamantex, Crypto Payment Service Software has been integrated into the A1 Payment platform. Starting in the summer of 2020, sellers will be able to receive payments with Bitcoin (BTC), Ether (ETH) or Dash in addition to cash or credit card.

Austria Stays Closer to Crypto

Salamantex highlights the country's stance on switching to cashless payment transactions "as much as possible". Salamantex CEO Markus Pejacsevich said the following on the subject:

“Our goal is to make paying with digital currencies as easy and natural as what we are used to using credit cards. Thanks to A1, we have a partner who, like us, believes that the future is in this payment system and thinks that digital assets can reach the masses.”

Regulated by the Financial Market Authority

Salamantex's crypto payment software aims to use cryptocurrency payment services in different countries. In 2019, A1 started accepting cryptocurrency payments in seven selected stores in Austria. Within the scope of this project, A1 customers were enabled to make payments with Chinese payment operators Alipay and WeChatPay.