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All Tifon Gas Stations in Croatia Now Accept Cryptocurrencies – Featured Bitcoin News

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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, Tifon’s chief finance officer, commented: “Although payments in cryptocurrencies are still in their infancy in Croatia, with the introduction of this payment option at all Tifon’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.”

What do you think about Croatian gas stations accepting cryptocurrencies? Let us know in the comments section below.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

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