Convenience store and petrol station brand On The Run (OTR) reportedly added a crypto payment feature throughout each of its 175 locations in Victoria, South Australia (SA), and Western Australia (WA). 

Specifically, the development is reportedly included in the scope of a partnership between OTR, an exchange entity from Singapore Crypto.com, and DataMesh, a Sydney-headquartered payment systems provider.

The exchange has reportedly rolled out its Pay Merchant service to function as a payment settlement layer, while Datamesh has offered the point of sale terminals.

Crypto.com’s Asia & Pacific general manager Karl Mohan further claimed that “eight weeks” was the required time “to from the time of proof of concept to the point of actually getting a full scalable production-ready environment.”

Per Mohan, while 175 OTR stores have initially been outfitted with the infrastructure, the preparation work, operation-wise, is sufficient for the crypto payments service to amplify scaling.

“What happens now is any merchant, whether you’re a cafe owner or someone who runs thousands of stores, could just plug and play,” he said.

Apart from the 175 stores, OTR’s parent firm Peregrine Corp reportedly has the further intention of introducing the crypto payments service to add 250 retail sites throughout the nation like Subway, Oporto, and Krispy Kreme.

Mohan further shared that Crypto.com offers free-of-charge service on the transactions in this context. Nonetheless, there will be fees on the merchant’s end, which will be of their own freedom to decide. Such may suggest that transaction costs could be similar to that of card payments with fiat.