Austria’s fintech firm launches digital payment which will help over 2,500 merchants

Austrian fintech firm Salamantex announced on July 2, 2020, that it had integrated its Crypto Payment Service Software with A1’s Payment platform. This integration implies that merchants at over 2,500 stores will soon start accepting digital money such as BTC, ETH, DASH, instead of credit cards or cash.

Paying with digital currency becomes easy

Due to the coronavirus pandemic, there has been a lot of safety issues and less reliance regarding paper money. This integration has led people to shift to a non-physical form of money. Now, through Salamantex’s crypto payments solution, the sellers will be able to add cashless options in which the customers can pay through cryptocurrencies.


Markus Pejacsevich, COO, Salamantex, claimed that:

Our goal is to make paying with digital currencies at the checkout as easy and natural as we have been used to with credit cards for decades. With A1, we have a partner for the Austria-wide rollout who, just like us, is convinced of this payment system of the future and works towards making payment with digital assets accessible to the broad masses. The acceptance of cryptocurrencies opens up new affluent customer groups and enables merchants to position themselves as pioneers in their industry.

Moreover, the added benefit is that the merchants will receive their payments in Euros which will avoid them the hassle of converting money and worrying about the exchange rate.

Salamantex meets all customer requirements

Salamantex is a cryptocurrencies service provider registered under the Austrian financial watchdog, the Financial Markets Authority (FMA). This indicates that it ensures that it meets all regulatory requirements that are necessary for customer trust and satisfaction.

Expansion plan

The fintech firm is also planning to expand to other crypto-friendly European countries for more advancement in the field of crypto.

Zahra Iqbal

Zahra Iqbal has done her graduation in mass communication. She enjoys article writing through the lens of her journalists' skills. She has 4 years of experience in technical writing by working with renowned blogs. Recently, she has joined the with the aim to make a difference with her analytical skills.

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