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Convenience store and gas giant On The Run (OTR) will soon accept cryptocurrency payments at 170 locations across South Australia and Victoria. The move will allow customers to pay for gas, snacks and food in more than 30 cryptocurrencies. This solvency comes from a new partnership with Singapore-based cryptocurrency payments company Crypto.com.
petrol payments Yasser Shahin, executive chairman of otr parent company Peregrine Corporation, said he was excited about offering new payments. Shahin said: "The growth and legalization of the use of cryptocurrencies in Australia and the rest of the world has become a phenomenon. This gives us the opportunity to harness the dynamics of this rapidly growing sector for the benefit of our customers."
parent company, Peregrine Corporation, one of the largest private companies in South Australia, will also accept cryptocurrencies at Subway, Oporto and Smokemart stores. Once the system is completed in July, it will become the largest business in the country to accept in-store cryptocurrency payments.