One of the largest mobile operators in Austria plans to accept cryptocurrencies for payments at certain locations.
Austrian Telekom giant tests Bitcoin (BTC), Ethereum (ETH), XRP, Litecoin (LTC) and others
The A1, which serves approximately 5.1 million mobile phones and 2.1 million fixed network connections throughout Austria, is currently testing cryptocurrency payments in branch offices across the country. l & # 39; Austria. Dash, Ethereum, Litecoin, Stellar and XRP will be solvents, according to a report published by the Austrian Futurezone technology website.
According to Futurezone, A1 is working on the project with Salamantex, Ingenico and Concardis banking solutions. As for other common payment solutions using cryptocurrency, price fluctuations are offset by the architecture of banking solutions.
In cooperation with software providers, the cashless pilot test is being launched in seven A1 sites in Austria. These are Vienna Kärntnerstraße, Wien Mitte shopping center, Krems Bühl center, Graz Herrengasse, Innsbruck Kaufhaus Tirol, Salzburg Europark and Linz Landstraße.
The pilot program will include payments for Alipay and WeChat Pay by the end of August. Futurezone has listed the first seven places where cryptocurrency payments across the country are accepted.
"Cash is an obsolete model," Markus Schreiber, marketing director A1, told the Future Zone. "With our pilot operation in A1 stores, we will test the demand and acceptance of digital currency in Austria."
In addition, A1 told Futurezone that the payment option is not restricted to Austrians in the region but is increasingly aimed at tourists.