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Croatia-based E-bike Company, Greyp Bikes Rolls Out Cryptocurrency Payments Options

Croatia’s Greyp Bikes takes another innovative move as it targets ranking among tech leader in the cycling space.

The company developed support for payments with nine major cryptocurrencies – BTC, ETH, BCH, XLM, XRP, DAI, EOS, USDT, and USDC.

Furthermore, Greyp Bike Partners with Paycek, the country’s leading crypto payment to achieve this.

The Company announced,

“Greyp News Everybody! Cryptocurrencies can now be used to purchase Greyp bikes directly.”

“Greyp has always been at the forefront of technology in the biking world, so this was the next logical step to take in the further development of the brand,”

– The Sveta Nedelja-based manufacturer of high-performance e-bikes.

The company highlighted that crypto payments for its bike has been into effect before Paychek partnership.

However, this move allows a complete integration into its online checkout process in its website,
Croatian fintech startup, Electrocoin designs Paychek, A top platform.

Meanwhile, The payment processor helps other local companies in their journey to cryptocurrencies acceptance. Additionally, Over 45 Croatian Tifon gas started crypto payments through Paycek.

While, Electrocoin for two years has offered crypto exchange service at its post office.

“The move should come as no surprise to anyone who monitors what Livno-born entrepreneur Mate Rimac does when it comes to both his cars and his bikes,”

– The Total Croatia news portal added in its report on Greyp’s decision to add cryptocurrency payments.

Related Post – Solana (SOL) Overtakes XRP On The Cryptocurrency Ranking 

The Greyp Bikes launched in 2013 as a sister company of Rimac Automobili, electric sports cars manufacturer founded in 2009.
However, The car company is now partially owned by VW Group’s Porsche and Hyundai.

Greyp’s integration of cryptocurrencies is a good example in the cycling industry. Also, U.K.-based company Toba Electric Bikes launched support for BTC and BCH payments.

Meanwhile, In 2019, deploys utility token partnering with SLP-centric trading platform Cryptophyl.

Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.