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Austrian Telecom Company Adds Crypto Options To Its Payment Network, Enabling 2,500 Merchants To Accept Select Cryptocurrencies

Emily Mason

Summary: A1 Payment — an Austrian based cashless payment network — announced on Monday, July 27 that users will now be able to pay using Bitcoin, Ether or Dash through the service. The announcement states that customers' cryptocurrencies will be transferred to fiat and so it will not affect merchants' payments. This move will allow 2,500 merchants to ...

A1 Payment — an Austrian based cashless payment network — announced on Monday, July 27 that users will now be able to pay using Bitcoin, Ether or Dash through the service.

The announcement states that customers' cryptocurrencies will be transferred to fiat and so it will not affect merchants' payments. This move will allow 2,500 merchants to accept crypto payments.

A1 Payments is owned by A1 TeleKom, a telecom provider partially owned by the state.

By Emily Mason

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