Once again there is good crypto news from Austria, where the telecommunications giant Austria Telekom mentioned in a press release that it is possible to pay via A1 Payment using Bitcoin, Ethereum and Dash.


A1 Telekom introduces crypto payments

A1 Payment, the service that offers digital payment services in Austria, now also accepts cryptocurrencies, according to an official A1 Telekom Austria Group press release.

The company made the change because businesses and consumers alike will benefit from this modernization of payment transactions, the press release states. The company will add the feature to the usual methods available through Maestro, credit cards or online payment platforms such as Alipay.

On March 27, Austria’s leading telecom provider A1 Telekom presented the new payment option. In the report the company said:

„With A1 Payment, retailers throughout Austria will be able to accept digital currencies. In addition to all common payment methods with Maestro or credit cards, payments via online platforms such as AliPay are now possible, as well as risk-free transactions with digital currencies such as Bitcoin, Ethereum or Dash“.

As you can read, Bitcoin, Ethereum and Dash are among the new crypto options for A1 payment users. According to the message at the checkout, these can be converted into Euros in real time without any exchange rate or currency risk.

According to Glassnode, the last Bitcoin outbreak saw an increase in on-chain exchange volume, with a total inflow of 50.74 percent and a total outflow of 58.19 percent. There were also approximately 20.94 percent withdrawals from Exchanges.

On-chain activity may be more indicative of current patterns of Bitcoin, as opposed to regular trading volume, which is sometimes artificially inflated by the Exchanges. The only number currently trending down is stock exchange deposits, which fell by 1.29 percent.

The data also shows an increase in off-chain trading volume, with the BTCUSD pair experiencing its biggest rally since April, up 70 percent.


Picture