Gas Station OTR Launches Crypto Payment Support - Coinleaks
Current Date:November 7, 2024

Gas Station OTR Launches Crypto Payment Support

Gas station and grocery company On The Run(OTR) has launched crypto payment services at 175 gas stations across Australia.

OTR, cryptocurrency exchange Crypto.comand payment systems provider DataMesh offers its customers the opportunity to pay crypto. Crypto.com provides its Pay Merchant service as a payment settlement layer, while Datamesh has partnered with point-of-sale terminals.

On The Run Will Expand Crypto Services

OTR has prepared the infrastructure of 175 gas stations and made them ready for crypto payment services. Ready for much more growth, the system was installed in just 8 weeks.

In addition to 175 stores, OTR’s parent company Peregrine Corp plans to expand its crypto payment service to 250 more retail firms across the country, including Subway, Oporto, and Krispy Kreme.

Crypto.com’s Asia and Pacific general manager, stating that Crypto.com charges zero fees for transactions in this scope Karl Mohanshared his views on the system as follows:

“Whether you own a coffee shop or run thousands of stores, any firm can be plug and play. Of course, Bitcoin and Ethereum are already at the top of the list because of their market cap. But many consumers are ready to start paying with Australian stablecoins.”