Australian Service Station to Accept Crypto Payments at 170 Outlets
Australia's On The Run Accepts Crypto Payments
According to The Australian, On The Run (OTR) will begin taking Bitcoin and other cryptocurrencies from July across its 170 service stations. Once the system is finalized, it will become the largest business in Australia to accept in-store crypto payments.
The company is working with Crypto.com to implement its Pay Merchant service as its payment settlement layer while Datamesh, a Sydney-based payment systems provider, will roll out point of sale terminals allowing shoppers to pay through the Crypto.com app.
Commenting on the development, Yasser Shahin, Executive Chairman of OTR parent company Peregrine Corporation, said:
“The growth and mainstream acceptance of cryptocurrency adoption in Australia and the rest of the world has been phenomenal and has offered us a clear opportunity to tap into the momentum of this fast-growing space for the benefit of our customers.”
Meanwhile, Karl Mohan, regional GM of Crypto.com, said he was “thrilled” to be offering the company’s services in Australia.
“As the cryptocurrency sector continues to become mainstream, creating avenues for people to spend their crypto in the real world are becoming increasingly important.”