Austria’s Energy Company Switch First To Take Bitcoin Payments

 Austrian and German energy provider Switch has begun accepting Bitcoin for gas and electricity bill payments.In a press release and Facebook post Wednesday, Switch, which is wholly owned by EnergieAllianz Austria, said the move marked a first for Austrian energy customers.“With the introduction of cryptocurrency Bitcoin as a payment method in Austria we’re aiming to cater principally to digitally-aware customers and other interested parties,” CEO Christoph Schmidt said in the accompanying release.Austria is fast becoming a fan of cryptocurrency at consumer level, with the wholesale goods retailer Yipbee announcing last month that orders paid in Bitcoin now accounted for 10 percent of its total sales.Before that, back in February a dedicated Bitcoin information point opened in the country’s capital Vienna, providing education on virtual currency as well as Bitcoin ATMs.

The author of the article  William Suberg  https://cointelegraph.com/authors/william_suberg

Read more  https://cointelegraph.com/news/austrias-energy-company-switch-first-to-take-bitcoin-payments

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