Important Czech Utility Company Starts Accepting Cryptocurrency Payments

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Virtual currencies are being accepted every single day in more places. This time, one of the most important energy suppliers in the Czech Republic announced plans to start accepting cryptos from its customers.

Czech Important Utility Accepts Cryptocurrencies

Different companies all over the world are starting to accept bitcoin and other cryptocurrencies for their products and services. Pražská Plynárenská, is currently one of the major suppliers of natural gas in the country. The company is also engaged in other activities including electric installations and the assembly of telecommunications equipment.

Pavel Janeček, chief executive officer of the company, explained:

“In June, we are opening a payment gateway, which will automatically transfer our bitcoin payments into regular currency, so that we don’t have to speculate with cryptocurrency. But if anyone wants to pay in an alternative way, we want to allow them to do that.”

One of the main intentions of implementing bitcoin payments is to attract younger customers which are usually involved in the virtual currency market.

This is not the first time that a Czech company starts accepting crypto and bitcoin payments for its services or products. In the past, Alza.cz, the most important retailer in Czechia, started accepting Bitcoin (BTC). Back in February, it started accepting Litecoin (LTC) payments to reduce transaction costs and times.

Other important Bitcoin attraction in the country is the Paralelni Polis café, which is a meeting place for Bitcoin users in Prage. The coffee store only accepts virtual currency payments for the products they offer, which is quite impressive.

Companies Accepting Cryptocurrency Payments

All over the world there are many different companies accepting virtual currencies as a means of payment. The famous travel booking company CheapAir is now accepting Bitcoin Cash, Litecoin and Dash as a payment method.

CheapAir’s CEO, Jeff Klee, commented:

“Our cryptocurrency customers tend to be very vocal about what they want, something we appreciate very much. Over the last six months, we’ve seen a huge uptick in the number of customers requesting alternative currencies, so we’ve worked hard to integrate the three that were most requested.”

The company does not hold virtual currencies, but instead, it decides to immediately sell them so as to pay its providers and employees.

At the moment, CheapAir is offering Bitcoin (BTC), Bitcoin Cash (BCH), Litecoin (LTC), and Dash (DASH).

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