Forty-six Tifon gas stations across Croatia have reportedly started accepting cryptocurrency payments. Payment processor Paycek allows customers to pay with a number of cryptocurrencies, including bitcoin and ether.
- Tifon gas stations in Croatia started accepting cryptocurrency payments in early February. There are currently 46 Tifon gas stations in the country.
- Paycek, a service from the Croatian fintech startup Electrocoin, will process crypto payments for Tifon. According to its website, Paycek supports bitcoin (BTC), ether (ETH), XRP, stellar (XLM), and EOS.
- Cryptocurrency payments are converted to fiat currency at the time of purchase. For example, if a customer buys gas for HRK 400 ($ 64) and pays with a cryptocurrency, Paycek processes the payment and pays Tifon in Croatian kuna. Tifon says it is at no point in danger by accepting crypto payments.
- Ana Lokas, Chief Finance Officer of Tifon, commented: “ Although payments in cryptocurrencies in Croatia are still in their infancy, with the introduction of this payment option in all Tifon outlets, we expect their further development and growth, especially during the tourist season. , given the more common habits of foreign customers using this type of payment. “
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