One of Croatia’s National Kiosks, iNovine, Now Accepts Bitcoin and Other Cryptocurrencies.
iNovine, a large national kiosk in Croatia, has announced that they will be launching a new cryptocurrency payment service. This will make them the first chain of kiosks in Croatia to offer the option of paying in cryptocurrencies at physical retail locations, according to a report published by the company on Wednesday.
The project was completed in collaboration with the business Electrocoin. As a result, it is now able to make payments with cryptocurrencies swiftly and securely through the PayCek platform at all points of sale, which number more than 250 across Croatia.
The iNovine team has said that they are always listening to the market’s needs, and the adoption of the network for accepting crypto payments helps them adapt their company to new waves of clients that use cash for payments for items less and less regularly.
As the director of iNovine, Jurica Juric, underlined, this movement was largely sparked by the worldwide coronavirus epidemic when individuals were given the recommendation to buy using contactless payment methods.
Electrocoin is a fintech firm based in Croatia that offers cryptocurrency exchange services as well as the ability to accept cryptocurrencies as a payment option via the use of the company’s own PayCek platform.
Electrocoin’s PayCek platform is used to process payments made with cryptocurrencies, and customers have the option of using any one of 14Â different virtual currencies to do so. These cryptocurrencies include Bitcoin, Ethereum, Bitcoin Cash, USDT, USDC, XRP, Solana, Litecoin, Dai, Stellar, Dogecoin, EOS, BUSD, and NEAR.
Electrocoin has been working on significant initiatives in Croatia for many years that allow people to use cryptocurrencies for daily purchases, despite being frequently seen as an investment. As a result, businesses are able to draw in new customer segments and enhance their operations at the same time.
Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
-Advertisement-
