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OTR to accept Bitcoin, cryptocurrencies (Australia adopting via Crypto.com)
OTR to become Australia’s largest bricks and mortar retailer to accept cryptocurrency
Fuel and convenience giant OTR is set to become Australia’s largest bricks and mortar retailer to accept Bitcoin and other cryptocurrencies.
OTR will let you pay for petrol with Bitcoin (A big petrol station/convenience store in Australia)
OTR, Australian fuel and convenience giant, to accept Bitcoin
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OTR petrol stations in South Australia They don't really accept Bitcoin. They only allow a transfer from a crypto.com account
> OTR partnered with Crypto.com to provide instant fiat conversions from bitcoin to Australian dollars for the merchants. It's instantly converted to fiat. But free publicity can't hurt I guess.
The article is talking about the 175 OTR and 250 Peregrine stores. Maybe you live near one, but I haven't heard of either before today.
tldr; A partnership between Crypto.com, tech firm DataMesh and gas chain OTR is enabling customers to use bitcoin as payment in hundreds of stores in Australia. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
if you give them crypto for goods and services, you are paying with crypto. [crypto.com](https://crypto.com) will convert to AUD in the background, but meanwhile OTR has saved 3% in Visa fees, and you the customer probably pay transaction fees and spread :/
To be fair OTR is a giant in SA, and has only recently begun expanding into other states (at a pretty quick pace considering the industry.) Something like 50% of people in Adelaide live within 1km of an OTR. Shame the owners are scum of the earth, abusive wage theiving, Lebanese gun runners.
I live in Sydney, you may have heard of it, it is a rather large city in Australia. Never heard of this "OTR" station before.
This is old news, was in the papers a couple months ago. It’s not direct Bitcoin payments either, the OTR stores accept payment via crypto.com pay. Afaik it’s essentially you selling your crypto into AUD, which the store then accepts the AUD as payment. So they’re not receiving crypto. Also, fuck OTR they don’t treat their employees properly
tldr; Australians will now be able to pay for fuel through Bitcoin and other cryptocurrencies at stations and convenience stores under the On The Run (OTR) brand for the service powered by Crypto.com. The service is available in 175 OTR stations in Victoria, South Australia, and Western Australia states. The company will charge zero fees on the transactions, but there will be a cost on the merchant's end. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
What the fuck is OTR? Lol. I live here and have never heard of this station. It’s most certainly not a “leading petrol station” lmao. Bp, shell and maybe Caltex are the leaders
As you've already indicated, on the retail side of the deal, there's a complete failure to see Bitcoin as a person-to-person cash system. The other side has an opportunist providing a "we do it all for you" black box payment gateway service, with hidden commissions for restricting the customer to crypto.com (in the OTR deal) or Centrapay (in the Coca-Cola deal)
OTR is huge in south Australia
Fast facts The service stations allow Crypto.com users to scan a QR code on a DataMesh payment terminal that will link to a Crypto.com wallet. After the user selects the type of cryptocurrency they would like to use, the payment is then settled instantly to the merchant in Australian dollars. This option is currently only available in Victoria, South Australia and Western Australia, but Peregrine Corp., the owner of OTR, plans to roll the feature out to another 250 locations across the country, including Krispy Kreme stores in SA and the Northern Territory. “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,” said Peregrine executive chairman Yasser Shahin in a statement. Australian research firm Roy Morgan said that over 1 million Australians owned at least one type of cryptocurrency as of April 2022.
tldr; More than 150 OTR service stations in Australia are now accepting cryptocurrencies to pay for petrol at more than 150 service stations across Victoria, South Australia and Western Australia. The option is being expanded to include Giftbox stores and Krispy Kreme donut stores in some states, with crypto coins converted on the spot to Australian dollars. More than 2.6 million Australians own some form of crypto, with Bitcoin the most popular. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
I think I saw you can buy a car with crypto as well, and OTR accepts BTC
Bullish on OTR & CDC recent partnership too.
Stop posting amp links Subway in OTR convenience stores will not be accepting Bitcoin. They will only be accepting crypto.com cards
I should also add that South Australia (which Adelaide is the capital of and more than 90% of the OTR stores are in) has a population of 1.7m, in comparison to Australia which is sitting at 25m.
This is subway at OTR (on the run) stores. Not subway chains in general OTR is a major petrol station (gas station) in my city (Adelaide). They have a few interstate but they really have the majority here. Subway has partnered with them to have subways in store. There are a few other chains such as Oportos, hungry jacks (burger king) and Krispy Kreme that also are partnered with OTR. The main subway chain is not supporting crypto. It's only OTR based subways
tldr; Crypto.com has partnered with Peregrine Corporation to enable more than 170 On the Run (OTR) convenience operations, including service stations, restaurants, and drive-through locations, to accept issue cryptocurrency as a payment method. Crypto.com’s internal research revealed that 75% of its customers are interested in paying with crypto in 2022. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
tldr; Australian convenience store chain On The Run (OTR) has partnered with Singapore-based Crypto.com to accept Bitcoin and other digital currencies. OTR will become Australia's largest brick-and-mortar retailer to take digital currency by the middle of this year. Other companies that operate alongside OTR locations, such as Subway and Oporto, will also be able to accept the unique payment option. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
The store is OTR (on the run) in SA and VIC, doesn’t mention what cryptos, just that there’ll be around 30 cryptos to choose from. Backed by Crypto.com
Funny coz OTR are notorious for being the ones to put their GAS prices up first, and down last xD
tldr; South Australian service station chain On the Run (OTR) will start accepting cryptocurrency payments from July. OTR stores will plug into the Crypto.com merchant system and are set to become the first Australian retailer to use the product which converts digital assets to fiat currency at the point of sale. Around 22% of Australians own cryptocurrency. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
It says OTR in the article. Or is that the only gas vendor in South Australia?
Text behind the paywall: OTR to become largest bricks and mortar retailer to accept cryptocurrency Fuel and convenience giant OTR is set to become Australia’s largest bricks and mortar retailer to accept Bitcoin and other cryptocurrencies. Motorists will soon be able to use Bitcoin and other cryptocurrencies to pay for their fuel and in-store purchases, with petrol giant OTR finalising plans to become Australia’s largest crypto-accepting bricks-and-mortar retailer. In a further sign of digital currencies entering the mainstream, more than 170 OTR outlets across South Australia, Victoria and WA will begin accepting crypto payments from July. OTR’s parent company Peregrine Corporation, owned by the Adelaide-based Shahin family, will also accept crypto at its C Coffee, Subway, Oporto and Wokinabox outlets, and at its Smokemart and Giftbox stores. Peregrine is working with Singapore company Crypto.com and merchant payments platform DataMesh to roll out new crypto-enabled point of sale terminals. Peregrine executive chairman Yasser Shahin said his company was responding to the rapid growth of cryptocurrencies in recent years. “The growth and mainstream acceptance of cryptocurrency adoption in Australia and the rest of the world has been phenomenal, and has offered us a clear opportunity to tap into the momentum of this fast-growing space for the benefit of our customers,” he said. Crypto.com manages digital wallets and operates one of the world’s largest cryptocurrency exchanges. The launch of the Crypto.com Pay Merchant service will allow OTR customers to pay with their cryptocurrency holdings via the Crypto.com app, with real-time conversion into Australian dollars. A merchant fee of 0.5 per cent is charged to the vendor, while the fee paid by customers will depend on the exchange rate at the time. According to IBISWorld, Peregrine is SA’s largest privately owned company, and eighth largest in Australia, with annual revenue nudging $3bn. A recent Crypto.com survey found that 60 per cent of merchants had an interest in accepting crypto payments this year, much higher than the 4 per cent that currently had the capability. According to the survey, 75 per cent of Crypto.com members wanted to use their digital currencies for day-to-day purchases. Crypto.com Asia & Pacific general manager Karl Mohan said the company was in talks with several other “sizeable retailers and major institutions” who had also shown an interest in accepting cryptocurrencies via the platform. More Coverage Crows join the crypto craze “As the cryptocurrency sector continues to become mainstream – with about 23 per cent of Australians holding crypto today – creating avenues for people to spend their crypto in the real world are becoming increasingly important,” Mr Mohan said. Crypto.com this year announced major sponsorship deals with the AFL and Adelaide Crows. In November, it launched its first crypto-linked Visa card in Australia.
Paywall. Text here: OTR to become largest bricks and mortar retailer to accept cryptocurrency Fuel and convenience giant OTR is set to become Australia’s largest bricks and mortar retailer to accept Bitcoin and other cryptocurrencies. Motorists will soon be able to use Bitcoin and other cryptocurrencies to pay for their fuel and in-store purchases, with petrol giant OTR finalising plans to become Australia’s largest crypto-accepting bricks-and-mortar retailer. In a further sign of digital currencies entering the mainstream, more than 170 OTR outlets across South Australia, Victoria and WA will begin accepting crypto payments from July. OTR’s parent company Peregrine Corporation, owned by the Adelaide-based Shahin family, will also accept crypto at its C Coffee, Subway, Oporto and Wokinabox outlets, and at its Smokemart and Giftbox stores. Peregrine is working with Singapore company Crypto.com and merchant payments platform DataMesh to roll out new crypto-enabled point of sale terminals. Peregrine executive chairman Yasser Shahin said his company was responding to the rapid growth of cryptocurrencies in recent years. “The growth and mainstream acceptance of cryptocurrency adoption in Australia and the rest of the world has been phenomenal, and has offered us a clear opportunity to tap into the momentum of this fast-growing space for the benefit of our customers,” he said. Crypto.com manages digital wallets and operates one of the world’s largest cryptocurrency exchanges. The launch of the Crypto.com Pay Merchant service will allow OTR customers to pay with their cryptocurrency holdings via the Crypto.com app, with real-time conversion into Australian dollars. A merchant fee of 0.5 per cent is charged to the vendor, while the fee paid by customers will depend on the exchange rate at the time. According to IBISWorld, Peregrine is SA’s largest privately owned company, and eighth largest in Australia, with annual revenue nudging $3bn. A recent Crypto.com survey found that 60 per cent of merchants had an interest in accepting crypto payments this year, much higher than the 4 per cent that currently had the capability. According to the survey, 75 per cent of Crypto.com members wanted to use their digital currencies for day-to-day purchases. Crypto.com Asia & Pacific general manager Karl Mohan said the company was in talks with several other “sizeable retailers and major institutions” who had also shown an interest in accepting cryptocurrencies via the platform. More Coverage Crows join the crypto craze “As the cryptocurrency sector continues to become mainstream – with about 23 per cent of Australians holding crypto today – creating avenues for people to spend their crypto in the real world are becoming increasingly important,” Mr Mohan said. Crypto.com this year announced major sponsorship deals with the AFL and Adelaide Crows. In November, it launched its first crypto-linked Visa card in Australia.
My bad. I should've written "going to". I was too excited, I even went in to my local OTR asking if they had it ready yet.
https://twitter.com/BitcoinMagazine/status/1510669288490819590?t=nbCVoAXFOoEj9vqKjc9T0Q&s=19 OTR petrol stations in Australia accepting Bitcoin
OTR (On The Run) franchise service stations were ahead of their time decades ago. Innovation continues to flow from the family behind them.
Australian here. who tf is OTR?
OTR over XMPP is reasonable, but save yourself the trouble and use Element/Matrix instead. I guess Signal can now be used without phone number too but I haven't looked into that yet. PGP has no forward secrecy or message deletion, so should be avoided.
I know about ANOM apparently it's something like ANOM but different *some criminals are really dumb istfg* monero and PGP over xmpp or OTR over xmpp
You will see shelves sporadically full and then empty, but the us has had a huge supply chain crisis on going for the past couple of years. There's still a bunch of ships that haven't been able to dock in LA or long beach (top 2 biggest/business ports in north America). Canadian and US Logistics are very intertwined. Railroads, ports, and OTR are all connected.
Yeah but you have to realize that most truckers have been doing this forever as more truckers have been retiring than with not many millennia/gen z to want to be a trucker. The vaccination passport is new wen you've been doing the same gig your entire life. They still haven't truly dropped the habit of carrying 2 books when forced to go towards the ELD. (I worked as an OTR Broker and freight broker over the span of 8 years btw). It hasn't been that long and I handled the necessary paperwork they needed to move my freight and I never dealt with a vaccine passport. OTR cross border lanes were always a breeze
Honestly, I absolutely loved it. It’s an amazing job if your single or if you have just a gf or an understanding wife. Home time is usually every 3 weeks or so but most guys like to get at least a month straight on the road before coming home for a few days. Shit, you could get loads heading back to your home terminal and never have to worry about home time. Usually not as likely though. OTR paid great for me coming straight out of the military and I was with a mega carrier. They tend to pay less, yet I was making 1000-1500 weekly take home. Thing about logistics in any form is that there are times when there is absolutely no freight coming out of wherever you are. I had 2 1800 dollar weeks and then two straight 300 dollar weeks lol but overall you’ll have a career (until robots take over lol) and you’ll be paid well enough that you won’t feel broke anymore. There’s no reason in this world (if you’re willing to relocate for a new job) that after a year or 2 you aren’t making min. 70k per year. There’s so many opportunities out there. OTR can be absolutely amazing yet incredibly lonely. I stayed months out at a time. 3.5 months straight was my longest stint and I believe I developed some short term social anxiety. You can go quite a while without speaking to someone face to face. It’s an awesome job man. There’s nothing like rolling through the mountains of Montana at the end of winter, when the sun just begins to melt that ice and the rivers start flowing right off the side of the road from you.. for 100s of miles. Staring at a sunset of colors you only see in pictures out on the coast of Florida. Driving across the old timey swamps of good ol’ Louisiana and stopping in Houston for the night knowing nearby you can catch an Uber to some out of this world BBQ. It puts into perspective how beautiful this country is and how our “flyover states” are some of the most beautiful landscapes in the world. On top of all of that you get paid to experience it. I’d still go for management if I was you lol if you believe you can go that route. I work city instead of long haul now and it pays less but at least I’m home with my son every night. If you’re serious about it, find yourself a local CDL school and call and go from there. It’s kind of expensive out the gate, but you can find companies that will pay for your training/school with a stipend in exchange for coming to work for them. Don’t do swift. PLEASE lol try for ABF. PM me if you’re still curious about anything. TLDR: OTR is fucking awesome, but lonely and can drive you road crazy but it’s an experience of a lifetime that you get paid for.