Coin Of Sale Named Exclusive Transaction Processor for World’s First Bitcoin-Only Cafe in Czech Cryptoanarchy Institute

Parallel Polis will utilize Coin Of Sale’s POS solution to handle bitcoin sales
SINGAPORE, Nov 2, 2014 — Coin Of Sale, a popular web-based Bitcoin payment processing and accounting solution, announced that Parallel Polis will be exclusively utilizing its software to handle Bitcoin sales in its popular cafe in the newly-announced institute which is based in the historic city of Prague, Czech Republic. The entire institute accepts only Bitcoin, which makes it the first of its kind in the world.
The aim of Parallel Polis is to promote ideas of personal privacy, liberty and free markets. It includes a co-working space, hackerspace, makers lab, and Bitcoin cafe where volunteers help newcomers setup their wallets and purchase their first bitcoins using an ATM made by Czech company General Bytes.
‘We’re proud that Parallel Polis has selected Coin Of Sale’s POS system to process Bitcoin payments with its institute,’ said Tomas Forgac, Founder and CEO of Coin Of Sale. ‘The thinking of liberty leaders in Central Europe is nicely aligned with our company philosophy on data and currency – and how they are intricately tied to human value.’
Coin Of Sale is a mobile platform and accounting system that allows any retailer to safely accept and manage payments with Bitcoin. It works via any web browser. Buyers use their smartphone or tablet to scan a QR code that appears on screen to process their bitcoin payment. Merchants such as Parallel Polis can administer their account using built-in payment processing and employee management tools.
“Since the very first moment our bartenders appreciate user friendly interface of CoS, which is easily usable even if the staff is not experienced with computer technologies at all.” added Martin Leskovjan of Parallel Polis.

This post was published at Coin of Sale on Nov 2, 2014.

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