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Austrian telecom company to trial cryptocurrency payments

Wednesday 21 August 2019 10:53 CET | News

A1, a large mobile provider in Austria, could start accepting cryptocurrency for payment at certain store locations, CoinDesk has cited Austrian tech news site Futurezone.

Dash, Ethereum, Litecoin, Stellar and XRP will be available for payment. A1, which services some 5.1 million mobile and 2.1 million fixed lines across Austria, is testing cryptocurrency payments at store locations across Austria.

Futurezone says A1 is partnering with banking solutions Salamantex, Ingenico and Concardis for the project. The pilot program will also host payments for Alipay and WeChat Pay by the end of August 2019. As of now, Futurezone listed seven initial locations accepting cryptocurrency payments across Austria.

Moreover, A1 told Futurezone that the payment option is not only for local Austrians but increasingly geared toward tourists.


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Keywords: Dash, Ethereum, Litecoin, Stellar, XRP, cryptocurrency payments, Telecom, Austria, A1
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Countries: World