does picknpay accept bitcoin

to how you pay and save for each. We are unlikely to roll out the solution until the payments industry and regulatory authorities have established a framework for managing the risks associated with cryptocurrencies, Van Rensburg is"d as having said. The integration allows customers to pay for their Pick n Pay purchases using their Bitcoin wallet. Read: South African millionaire explains why youre never going shopping with Bitcoin. It"d the retailers information systems executive Jason Peisl as saying that although bitcoin and other cryptocurrencies are still relatively new payment concepts, Pick n Pay has been able to effectively demonstrate how we are able to accept such alternative payments. In what is called one of the largest wins for Bitcoin in the country, the Pick n Pay in Cape Town will accept the cryptocurrency for payments starting today. The news is something of a shock for many as this is potentially a world first for a major grocery retailer.



does picknpay accept bitcoin

Its customers include two out of Africas top three retailers. Investec economist Chris Becker tweeted about the development earlier on Saturday.

Pick n Pay is not accepting Bitcoin. Pick n Pay does not expect that accepting Bitcoin will unlock new business in the near term, and the company is unlikely to roll out the solution until the payments industry and regulatory authorities have established a framework for managing the risks associated with cryptocurrencies. Pick n, pay, online Retailer to, accept Bitcoin. South Africa continues to adopt.

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Bitcoin at a few of its Cape Town stores. Now, the process changes, the cashier will then select your payment method as Bitcoin and a QR code will be printed. If youre in Cape Town, South Africa, then youll be able to sollte man bitcoins kaufen bei dem kurs pay for goods at a Pick n Pay using. As the growth in payment methodologies continues, the overall currency value of Bitcoin continues to grow as well. Despite substantial negative news, acceptance appears to be growing for Bitcoin. In what is potentially a world-first for a major grocery retailer, Electrum, a payments technology firm in Cape Town, says it has enabled Pick n Pay to accept Bitcoin payments in-store.

Bitcoin now accepted at Pick n Pay - Moneyweb
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