Release of 27.07.2020

A1 Telekom Austria Group: With A1 Payment Service, Bitcoin and More are Accepted for Cashless Payments

•    Austrian subsidiary A1 extends complete package for cashless payments
•    A1 Payment now also with payment function for digital currencies
•    Simple payment processing without currency risk

A1 Payment is a simple, innovative and secure complete package for the cashless payment process. Companies and consumers alike benefit from this modernization of payment transactions. A1 Telekom Austria Group has announced that as of now, A1 Payment is accepting digital currencies for cashless payments.

With A1 Payment, retailers across Austria have the possibility to accept digital currencies. In addition to all common payment methods with Maestro or credit cards, payments via online platforms such as Alipay as well as risk-free transactions of digital currencies such as Bitcoin, Ethereum or Dash are now possible.

With the new A1 payment terminals, companies have new payment alternatives at their disposal that are oriented towards digital and international needs. Payments with digital currencies such as Bitcoin, Ethereum or Dash are converted into euros in real time at the cash desk. Regardless of the digital payment method used, the retailer receives the purchase price in euros. This eliminates any exchange rate or currency risk. Specialist knowledge about crypto-currencies is not necessary.

A1 is a secure partner and pioneer for innovative payment methods in retail. With A1 Payment, businesses across Austria benefit from digitalization and the growing acceptance of digital currencies. Now, companies with only one terminal have the possibility to accept these currencies alongside conventional payment methods and are thus optimally equipped to meet the diverse needs of their customers.

Cashless payment: Complete payment solution from one source
A1 Payment offers solutions for retail companies of all industries and all sizes. From small souvenir shops with only one cash register, to branch operations with several terminals at different locations - A1 Payment offers the simplest and most comprehensive package for cashless payment processes.

From hardware to service - with A1, companies receive everything from one source. A1 provides the payment terminal, takes care of its maintenance and the processing of payments. The A1 support team is available 24/7 and across Austria.

A1 partnership with Salamantex
A1 Payment terminals are provided by the world's leading provider Ingenico, while the payment software for card payments comes from Concardis. The technical basis for the new digital payment methods is provided by Salamantex, a Fintech company located in Lower Austria, which specializes in developing intelligent, trustworthy and secure software solutions for payment with digital assets and combining them with existing payment solutions.