Pick n Pay will soon allow its consumers to pay for groceries with crypto at 39 stores, and at all stores nationwide within months.
has been experimenting with cryptocurrency payments for several years, is expanding its crypto offering, allowing consumers to pay for groceries with crypto at 39 stores nationwide.
This ground-breaking development in the world of crypto follows the conclusion of a first phase of a new pilot by the retailer that allows customers to pay using cryptocurrency on their smartphones using a “trusted app”.“While for many years crypto was something for specialists on their computers, or used by early adopters trying it out, things are changing.
In its latest pilot, Pick n Pay said it tested a payment service technology that allows customers to buy groceries with cryptocurrency at till points with any bitcoin lightning-enabled app, including BlueWallet and Muun. The lightning protocol speeds up transactions on the bitcoin network.“The transaction is as easy and secure as swiping a debit or credit card. Customers scan a QR code from the app and accept the rand conversion rate on their smartphone at the time of the transaction.
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