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The first cash register for cryptocurrencies: Payment in digital currency becomes simple and value secure

Vienna, June 2019

Cooperation between Austrian tech start-ups fiskaly and Salamantex enables the first all-in-one cash register system with payment functionality for cryptocurrencies.

On June 11th payments in cryptocurrency will become simple and secure in Austrian commercial and service companies and will thus become a “feasible" means of payment. The payment terminals of the Lower Austrian company Salamantex enable secure payment in shops and restaurants with digital currencies such as Bitcoin. As of June, they will also have the option to use a complete cash register from fiskaly. This provides innovative service providers, retailers and restaurateurs with the first all-in-one payment solution for crypto payments combined on a single device. They can now accept payments with Bitcoin & Co in a uniform process just like debit or credit card payments.

Cooperation between Austrian start-ups unlocks potential of digital currencies

René Pomassl, CEO of Salamantex, is convinced that "the user-friendly payment system with integrated cash register will increase the broad acceptance of cryptocurrencies as an innovative payment instrument". "This could pave the way for digital currencies from speculative instruments to means of payment suitable for everyday use," says Johannes Ferner, CEO of fiskaly. With 79%, the Austrians are already the leaders in Europe among those who have already heard or read about cryptocurrencies. However, only 8% of Austrians currently have crypto money and 19% expect to possess some in the future.*

With payment terminals, consumers can spend their cryptocurrencies directly at the point of sale. They can buy their car from a car dealer, their dinner in a restaurant or a gift from a jeweller directly in cryptocurrency, without having to go through a bank and without the need for a previous exchange into euros. "For me, however, it is crucial that I can trust an Austrian provider with European quality standards instead of an anonymous company on the World Wide Web," explains Dominik Myczkowski, crypto customer and CEO of the Apollon Network.

The innovative cloud-based cash register obono of fiskaly fits perfectly into the requirement of Salamantex to make everything as simple as possible for the end customer as well as the entrepreneur. With obono, companies meet the strict and cost-intensive requirements of the legislators in the cash register and invoice obligation in an uncomplicated and budget-friendly way. If sustainability is important to you, obono provides you with an electronic receipt instead of printed paper receipts.

Individual companies and SMEs ́s using the opportunity to open up new the target groups of "early adopters" with the payment service for cryptocurrencies. A decisive factor for companies is the protection against fluctuations in value of cryptocurrencies, which so far have been associated with a high risk. The Salamantex Crypto Payment Service immediately exchanges the amount in euros at a guaranteed exchange rate. "With the Salamantex payment terminal, I can position myself as a pioneer and offer customers innovative and new products. Not only do our regular customers appreciate this, but it also opens up a completely new target group for us," explains Wolfgang Kornholz, Managing Director of the Pancho Restaurant & Bar in Vienna.

 

* Source: ING International Survey Juni 2018 

https://think.ing.com/uploads/reports/ING_International_Survey_Mobile_Banking_2018.pdf?fbclid=IwAR1YEIW7JxhZl

 

 

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2 innovative Austrian start-ups - even better together

obono – the mobile & paperless cash register is a product of fiskaly GmbH based in Vienna. In 2015 professionals from technology and finance started the development of a simple, mobile and optionally paperless cash register system, which completely fulfilled the legal requirements of the cash register insurance regulation. A further milestone is Europe's first international cloud-based fiscalization solution to create a cross-border standard for more than 25 different legislatives and several million POS systems. Numerous innovation awards testify to fiskaly's pioneering power and head start in experience.

Salamantex – Cryptorevolution:

Salamantex is a young, dynamic company with a focus on all-in-one solutions for payment systems. The Crypto Payment Terminal is a complete package of hardware and software and offers "the easy way for crypto pay". The Salamantex Crypto Payment Service currently accepts Bitcoin, Litecoin, Dash, XRP and Ethereum, while the range of accepted cryptocurrencies is continuously being expanded. In December 2018, 500 Crypto Payment Software terminals went to the first customers, of which around 100 to Austrian companies. In addition to numerous inquiries from the European region, there are already other interested parties, including from Asia and Africa. Salamantex Merchants can be found at: https://www.salamantex.com/en/salamantex-crypto-payment-service/points-of-acceptance

 

Press contact:

Salamantex GmbH

Felix Herrmann

Head of Marketing Salamantex

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Obono & fiskaly

heartbeat & co. communication

Bettina Fürlinger

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Johannes Ferner

CEO obono

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