A1 Telekom Austria Adds Bitcoin to Payment Service for Thousands of Retailers

A1 Telekom Austria Adds Bitcoin to Payment Service for Thousands of Retailers

THELOGICALINDIAN - Austrias arch telecom aggregation A1 Telekom Austria Group has appear that its merchant acquittal account now accepts cryptocurrencies including bitcoin for cashless payments The aggregation operates in seven countries and has 25 actor customers

A1 Telekom Austria Group is a arch provider of agenda casework and communications solutions in Central and Eastern Europe. Listed on the Vienna Stock Exchange, the aggregation has about 25 actor barter and over 18,000 employees. It currently operates in seven countries: Austria, Bulgaria, Croatia, Belarus, Slovenia, North Macedonia, and Serbia.

The accumulation appear Monday that its A1 Payment account now supports cryptocurrencies, stating:

With A1 Payment, retailers beyond Austria can acquire agenda currencies in accession to added accepted acquittal methods, such as Maestro, acclaim cards, and Alipay, the advertisement continues.

The aggregation antiseptic that retailers accept the acquirement amount in euros whenever barter pay with cryptocurrencies. “This eliminates any barter amount or bill risk” and merchants do not charge to accept ability about cryptocurrencies, the aggregation noted. “Payments with agenda currencies such as bitcoin, ethereum or birr are adapted into euros in absolute time at the banknote desk.”

A1 Acquittal terminals are provided by Ingenico, the world’s arch acquittal terminal provider. Concardis provides the acquittal software for agenda payments. Salamantex, an Austrian fintech aggregation that specializes in payments, provides abstruse solutions for accepting cryptocurrencies.

Salamantex appear beforehand this ages the affiliation of its software into the A1 Payment arrangement to accredit added than 2,500 merchants to acquire cryptocurrencies. Monday’s advertisement followed a pilot affairs A1 Telekom conducted in August aftermost year for called shops to acquire bitcoin.

What do you anticipate about A1 Payment accepting bitcoin? Let us apperceive in the comments area below.

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