Croatia’s Tifon gas station will accept crypto payments

Tifon gas stations across Croatia have started accepting cryptocurrency payments for fuel and other products and services.
On Thursday, they announced that 46 fuel stops will accept bitcoins, ether, XRP, EOS, and steller, through a partnership with PayCek, a crypto payments platform from local company Electrocoin.

Nikola Škorić, the CEO of Electrocoin, has said that PayCek will convert cryptocurrency transactions into Croatia’s national currency, the kuna, and then pass them to Tifon.

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With the move, Tifon said it is eyeing in particular cryptocurrency payments by foreign customers during the summer when tourists from across Europe flock to Croatia’s cities and coastline.

Ana Lokas, CFO of Tifon said, “Even though cryptocurrency payments in Croatia are still in developmental stages, by introducing this payment option at all Tifon stations, we expect further growth and development.”