Croatia's Tifon enables cryptocurrency payment at petrol stations

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Croatian fuel retail and wholesale company Tifon, part of Budapest-based MOL Hungarian Oil and Gas Plc., is now allowing cryptocurrency payment at its petrol stations.

The company has positive expectations, especially during the tourist season, as foreign customers use this type of payment more often, news daily Poslovni Dnevnik quoted Tifon CFO Ana Lokas as saying.

Tifon will enable cryptocurrency payment through the Paycek platform developed by Zagreb-based cryptocurrency brokerage and crypto-payment processing company Electrocoin.

Tifon operates 46 petrol stations throughout Croatia, employing about 600 staff. It has been owned by MOL since 2007.