A1 greenlights cryptocurrencies pilot
Austrian telecom operator A1 is testing out the acceptance of cryptocurrency payments in seven stores.
Customers can purchase services using Bitcoin, Ether, XRP, Litecoin, Stellar and Dash.
A1 Payment, a digital payment system developed in collaboration with Salamantex, Concardis and Ingenico, was first unveiled in mid-June. In addition to existing cashless payment methods, A1 Payment will also enable customers to buy services using Chinese payment operators Alipay and WeChatPay.
According to Markus Schreiber, Head of A1 Business Marketing, paying with digital currencies is becoming increasingly prevalent globally, while cash is in decline. He adds that the aforementioned crypto pilot will allow A1 to analyse demand for and acceptance of Bitcoin et al.