Australia’s OTR convenience stores and petrol stations chain to start accepting crypto

A total of 170 outlets in two states of the country will be connected to the system

04.04.2022 - 12:35

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What’s new? On The Run (OTR), an Australian retail chain, has announced the ability to accept cryptocurrencies as payment for goods and services. The project is launched in partnership with Singapore-based exchange Crypto.com.

News on the Cointelegraph website

What else is known about the project? The terminals for accepting cryptocurrencies will be deployed at 170 OTR convenience stores and petrol stations across the states of South Australia and Victoria. OTR’s parent company Peregine Corporation will also accept cryptocurrency at its Subway, Oporto, and Smokemart stores. In total, more than 30 digital assets will be available for customers to pay for. Sydney-based payment solutions provider Datamesh will handle the implementation of the sale terminals.

What had happened before? In November 2021, Australia’s largest bank, Commonwealth Bank, announced plans to begin providing cryptocurrency services to its customers. The list of services includes buying, selling, and holding ten crypto assets, involving Bitcoin, Ethereum, Chainlink, Aave, and Litecoin.

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