South African Retail Giant Pick-n-Pay Now Accepts Bitcoin Payments At All Locations

2023-2-2 20:23

Pick n Pay has partnered with CryptoQR in order to accept bitcoin at more than 2,000 stores.

Pick n Pay, a South African retailer, has launched acceptance of bitcoin for payments throughout all of their stores. Previously, a test pilot had rolled out to 39 stores in November 2022. Now, all stores under the Pick n Pay brand will allow customers to use CryptoQR to buy their groceries using bitcoin, according to an announcement by the payments platform on Twitter.

Customers will also be able to “buy airtime and electricity, plane and bus tickets, and pay your municipal bills with Bitcoin at the till!” according to the tweet.

Increasing usage at larger retailers like Pick n Pay introduces the concept of spending bitcoin as opposed to selling it for usability to new users of bitcoin. By allowing people to spend their BTC, the line between setting aside money for bitcoin and simply utilizing bitcoin as your money is blurred. The prior launch of the pilot noted that Pick n Pay will charge a small service fee for payments in BTC, “costing the customer on average 70c” of the local currency, or about $0.04 as of November 2022.

Pick n Pay has almost 2,000 stores across the country, Business Insider South Africa reported. The firm has a 16% market share of the country's formal food and grocery sector, per the report.

The introduction of bitcoin to Pick n Pay's stores is likely to have a significant impact on the broader bitcoin payments landscape in South Africa. It could bring the concept of using bitcoin as a form of payment to a wider audience, potentially stimulating more widespread adoption of bitcoin usage. Furthermore, it could inspire other major retailers to follow suit, further increasing the acceptance and usage of bitcoin as a payment method. This could be a major step forward in the wider adoption of bitcoin payments.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 69427.55 (+0.14%)
Объем 24H $45.871b
Изменеия 24h: 2.63 %, 7d: -4.43 %
Cегодня L: $69039.59 - H: $69761.69
Капитализация $1373.154b Rank 1
Цена в час новости $ 23989.1 (189.41%)

bitcoin order cryptoqr partnered stores accept pick

Источник: bitcoinmagazine.com

bitcoin order → Результатов: 126


Фото:

Op Ed: A Summary of

In the latest on the ongoing legal dispute between the New York Attorney General (NYAG), cryptocurrency exchange Bitfinex and stablecoin issuer Tether, the New York Supreme Court has modified an April 24, 2019, preliminary injunction and now Bitfinex is allowed to continue using the Tether reserves that were loaned to it to maintain its ordinary course of business, such as paying employees and consultants.

2019-5-18 22:14


How Bitcoin and Ethereum plunged in minutes amidst unexpected correction

On May 17, the price of Bitcoin plunged from around $7800 to $6700 within minutes in a flash crash on BitMEX. Immediately after, the price of Ethereum dropped from $240 to $190. The abrupt decline in the price of Bitcoin was triggered by the placement of a large sell order on Bitstamp and other major crypto […] The post How Bitcoin and Ethereum plunged in minutes amidst unexpected correction appeared first on CryptoSlate.

2019-5-17 09:07


Фото:

Court Dismisses Lawsuit by Aggrieved ICO Investors Against Floyd Mayweather and DJ Khaled

In a new development regarding the lawsuit brought against Floyd Mayweather and DJ Khaled by some aggrieved Centra Tech ICO investors, a US federal judge has dismissed the case. According to a court document on May 13, 2019, the judge granted an omnibus order on motion to dismiss, on the grounds that the plaintiffs’ decisions were notRead MoreRead More.

2019-5-16 15:00


Фото:

Tether and Bitfinex Ask New York Attorney General for Fund Accessibility

Attorneys for Tether and Bitfinex are hoping to get the former access to its reserves amid a legal dispute with New York Office of the Attorney General (NYOAG). In a letter sent to the New York County Supreme Court, attorneys representing iFinex (the parent organization of Bitfinex) and Tether took issue with the restrictions that had been placed on Tether's transactions with related parties as part of an ongoing case against them, stating that the NYOAG had no basis for disallowing tether (USDT) holders and other affiliated entities from redeeming their tokens.

2019-5-16 18:51


Bakkt Bitcoin Futures Exchange Announces New Test Date for July After Latest CFTC Updates

Bakkt has recently announced in a blog post that it is moving forward with the plans to launch its Bitcoin futures products. According to Kelly Loeffler, the CEO of Bakkt, they are working with the Intercontinental Exchange (ICE) in order to be prepared for user acceptance testing (UAT) for futures and custody. This is expected […]

2019-5-13 18:44


Crypto Mom SEC Commissioner Is Afraid of “Heel-Dragging” Will Slow Bitcoin Crypto’s Innovation

The possibly only member of the U. S. Securities and Exchange Commission (SEC) which is loved by the crypto community, Hester M. Peirce, is currently worried that regulators are moving way too slowly in order to regulate the crypto ecosystem that is being created in the country. She spoke while addressing some other regulators on […]

2019-5-10 01:16


Craig Wright Claims Producing Bitcoin Holding Records Would Be Burdensome, WizSec Examines Blockchain Records

Craig Wright, the self-proclaimed Satoshi Nakamoto, seems to have growing legal troubles. At the moment, Wright is in a court battle against the estate of Dave Kleiman. In a previous order by the court, Wright had to provide transactional records related to the Bitcoin (BTC) he owned back in December 2013. Nonetheless, it seems that […]

2019-5-9 00:21


Craig Wright backed against the wall; court orders ‘self-proclaimed Satoshi’ to produce BTC ownership documents

It looks like the tables have turned for the self-proclaimed creator of Bitcoin, with Craig S Wright finding himself on the receiving end of a legal notice. On May 3, a US District Court, from the Southern District of Florida issued an order to “Faketoshi” to provide ownership evidence of Bitcoin addresses which are over […] The post Craig Wright backed against the wall; court orders ‘self-proclaimed Satoshi’ to produce BTC ownership documents appeared first on AMBCrypto.

2019-5-5 14:00


Фото:

Craig Wright Ordered to Produce a List of Early Bitcoin Addresses in Kleiman Lawsuit

On April 28, the high profile Kleiman v. Wright lawsuit heated up when the plaintiffs alleged Craig Wright submitted forged evidence before the court. Following the recent response against Wright’s motion to dismiss the case, the plaintiffs also filed an order which demands a list of Wright’s public bitcoin addresses as of Dec.

2019-5-4 20:02


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

TROY token soars 80% in a day – Should you brace for a correction?

TROY was trading near levels last seen in July 2023. The intense demand in recent days, if it continues, could push prices much higher. TROY [TROY] token has gained nearly 72% since Monday'sThe post TROY token soars 80% in a day – Should you brace for a correction? appeared first on AMBCrypto.

Solana Could Rocket 100% In Post Election Bull Run As Whales Buy JetBolt

Today’s U.S. election has cryptocurrency markets and Solana holders on edge, with regulatory changes expected to create new opportunities for established and emerging coins to skyrocket. Solana is poised for potential gains in a post-election bull run, especially if a pro-crypto administration takes office.