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Digital Republic Becomes First Mobile Provider to Accept Cryptocurrencies
Media Release 07/29/2021
Digital Republic is the first mobile provider in Switzerland to proclaim cryptocurrencies as an official means of payment. SIM cards and subscription fees can now be paid with numerous cryptocurrencies at the Swiss provider. For the time being, Bitcoin Cash, Dai, Litecoin and USD Coin are accepted in addition to the two most popular currencies Bitcoin and Ether.
Zurich, July 29, 2021 – Cryptocurrencies have arrived in the general economy. Switzerland shows up on coinmap.org as a hotspot for acceptance points. Since this year, for example, the people of Zug have been able to pay their taxes with Bitcoins and Ether. The blockchain, along with cryptocurrencies, is on a stable, legal footing in Switzerland, where a fintech ecosystem has developed in Zurich and Zug in particular.
Ali Soy, Co-Founder of Digital Republic«For us as Digital Republic, it is therefore only logical that we are the first mobile provider in Switzerland to accept cryptocurrencies»
It’s not just logical, it’s part of the business model: Digital Republic is an end-to-end digitalised virtual mobile network operator that offers transparent tariffs, dispenses with contractual obligations and gives customers complete digital control over their mobile devices, SIM cards and data services.
Marco Arnold, Co-Founder of Digital Republic«For us, as well as for our customers, cryptocurrencies are not hype, but a useful additional payment method.»
Paying with cryptocurrencies: How it works
Digital Republic now accepts cryptocurrencies – in addition to Bitcoin and Ether, for the time being also Bitcoin Cash, Dai, Litecoin and USD Coin. During the payment process on digitalrepublic.ch, you can now select “cryptocurrency”. The desired account is then opened directly, and the payment process is completed.
SIM cards with one or twelve months of unlimited internet can be paid directly with cryptocurrencies. In addition, a credit can be loaded for the payment of the monthly subscription fee using cryptocurrency.
About Digital Republic
Digital Republic is closing a gap in the digitization of the Swiss economy and society: The agile and innovative provider for mobile Internet in Switzerland relies exclusively on the mobile network and is thus closing the digital divide. Digital Republic’s fair and transparent mobile subscriptions for smartphones, smartwatches, tablets, and other IoT devices can be used flexibly, managed, and cancelled independently online at any time. This means customers only pay for what they need. Digital Republic puts an end to activation fees, minimum contract periods, and hidden costs. Since June 2021, Digital Republic has also been offering unlimited telephony and SMS in Switzerland in addition to its data subscriptions.
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