WEG Bank AG, which has recently been jointly acquired by three blockchain companies, will be processing cryptocurrency payments by 2020. Litecoin Foundation, Nimiq, and Token Pay jointly bought WEG Bank AG this year. To process these digital payments for retailers in the coming year, the bank has started to explore the sandbox test group that will be thrown open for public use in 2020. Austrian payment solutions firm, Salamantex has joined hands with the bank in its current endeavor. Salamantex has already undertaken successful testing of POS (Point-of-Sale) devices throughout Austria. Matthias Von Hauff, WEG Bank AG Chief Executive Officer
