Pick n Pay plans to allow crypto payments at all of its stores
The retailer says the FSCA’s declaration of crypto assets as financial products paves the way for the use of digital tokens as a means of payment
02 November 2022 - 09:28
UPDATED 02 November 2022 - 15:02
Pick n Pay has enabled in-store crypto currency payments to allow shoppers to buy groceries with digital tokens such as bitcoin at 39 of its supermarkets across the country.
The decision comes after the successful first phase of a new pilot project that tested the use of crypto payments at 10 Western Cape stores over the past five months. The first phase of the pilot saw Pick n Pay partner with preselected testers including bitcoin Ekasi in Mossel Bay, which uses bitcoin to pay the salaries of surfing coaches involved in non-profit organisation The Surfer Kids...
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