The Pick & Pay grocery chain in South Africa plans to accept Bitcoin in all of its locations nationwide
Join Our Telegram channel to stay up to date on breaking news coverage One of the biggest grocery chains in South Africa, Pick n Pay, plans to let customers use Bitcoin to pay for goods across all of its locations. After years of testing in a few stores, Pick n Pay intends to expand its bitcoin payments service to all of its locations in the coming months, according to South African tech news site Tech Central. The grocery store chain purportedly began testing with Bitcoin payments in Cape Town five years ago but was thwarted by high expenses and protracted transaction wait times. The business said that it would let users use QR codes for quick payments along with any Bitcoin Lightning-enabled app Customers will be able to use “trusted apps” on their cellphones to pay for things using cryptocurrencies through the statewide deployment, or by simply scanning a QR code and agreeing to the rand conversion rate at the time of payment. According to the report, Chris Sh...