Tifon, a network of Croatian petrol stations, will begin accepting cryptocurrency payments for fuel, services and other products in partnership with Electrocoin.
Through a partnership with cryptocurrency payment platform PayCek from Electrocoin, forty six Tifon gas stations in Croatia will begin accepting Bitcoin and other cryptocurrencies goods and services.
According to Nikola Skoric, Electrocoin CEO, PayCek will convert cryptocurrencies to Croatia’s national currency and then transfer them to Tifon.
Tifon representatives said the new service could be popular with foreign and local tourists who visit Croatian cities and coastlines in summer. Tifon Chief Financial Officer Ana Lokas said:
“Although cryptocurrency payments in Croatia are still in the early stages of proliferation, thanks to the introduction of this payment option at all Tifon stations, we expect further growth and development of this sector.”
Recall that in 2019, the Croatian Post announced a test launch of the service for exchanging cryptocurrencies for cash in the city of Zadar. The service was also provided in partnership with Electrocoin.