Spain’s Largest Telecom, Telefónica Now Accepts Crypto Payments

Spain’s Largest Telecom, Telefónica Now Accepts Crypto Payments
Spain’s Largest Telecom, Telefónica Now Accepts Crypto Payments
Spain’s Largest Telecom, Telefónica Now Accepts Crypto Payments

Spain’s Largest Telecom, Telefónica Now Accepts Crypto Payments

Spain’s largest telecommunications company—Telefónica—is now accepting crypto payments like Bitcoin for the purchase of products on its tech marketplace.

Reportedly, the company activated purchases with crypto on Tu.com after adding a payment feature provided by Spain’s largest crypto exchange, Bit2Me. Furthermore, Telefónica has also invested in Bit2Me and other details regarding the same are expected to be released soon.

Telefonica, on its part, also announced a collaboration with Qualcomm to explore joint commercial metaverse opportunities and the launch of XR/metaverse products and services earlier this week. The officially released statement noted,

“This agreement opens the opportunity to deliver new experiences to customers merging the digital and analogue worlds, re-imagining commerce, entertainment, and communication in the Metaverse.

In fact, the Spanish telco giant also has the NFT box checked. Earlier this year, it partnered with Polygon to develop Web3 solutions and enable companies to issue NFTs easily.

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