Forty-six Tifon gas stations across Croatia have reportedly started accepting cryptocurrency payments. Using payment processor Paycek, customers can pay with a number of cryptocurrencies, including bitcoin and ether.
- Tifon gas stations in Croatia started accepting cryptocurrency payments at the beginning of February. There are currently 46 Tifon gas stations in the country.
- Paycek, a service by 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 into 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 the Croatian kuna. Tifon says that at no point is it at risk by accepting crypto payments.
- Ana Lokas, Tifonâ€™s chief finance officer, commented: â€œAlthough payments in cryptocurrencies are still in their infancy in Croatia, with the introduction of this payment option at all Tifonâ€™s points of sale, we expect their further development and growth, especially during the tourist season, given the more widespread habits of using this type of payment by foreign customers.â€
What do you think about Croatian gas stations accepting cryptocurrencies? Let us know in the comments section below.
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