Over 400 Australian Retailers Now Accept Bitcoin

22 Aug 2022

More than 440 retail outlets owned by Peregrine Corp., including over 175 OTR fuel and convenience stores, now accept Bitcoin as payment, Bitcoin Magazine reports.

DataMesh Group, a payments infrastructure provider, serves as the backbone connecting the retail locations to the cryptocurrency exchange.

Mark Nagy, CEO of DataMesh, said:

We know merchants are looking at many alternative payment instruments including crypto as an opportunity to diversify their payment streams and attract new customers, which is why we are determined to deliver integrated processing capabilities that will make crypto payments fast and accessible for all involved.

All OTR locations across Victoria, South Australia, and Western Australia can accept bitcoin as payment, per the release. Additionally, consumers will be able to leverage this service at 250 additional retail locations owned by Peregrine Corp., OTR’s parent company.

Executive chairman of Peregrine Corporation, Yasser Shahin, commented:

The OTR story is about giving customers choice and making life easy. The decision to offer cryptocurrency payments is centered around this story –– by offering our customers convenience in how they pay, whether it be cash, card or crypto.