Pick N Pay Adding Instore Crypto Payment Option After Successful Trials

Nov 9, 2022 · 1m 29s
Pick N Pay Adding Instore Crypto Payment Option After Successful Trials
Description

South African retailer, Pick n Pay has announced that it has successfully completed the first phase of a new pilot that allows customers to pay for their purchases using cryptocurrency...

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South African retailer, Pick n Pay has announced that it has successfully completed the first phase of a new pilot that allows customers to pay for their purchases using cryptocurrency on their smartphones and will be rolling out the service to more stores across the country.
In this pilot, the retailer tested a payment service technology that enables customers to buy groceries with cryptocurrency at till points with any Bitcoin Lightning-enabled app, such as BlueWallet or Muun.
The retailer ran the pilot in 10 Western Cape stores with pre-selected testers over the past five months and has now extended the pilot to a further 29 stores for testing with customers, with the intention to roll it out to all stores in the coming months.
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Author Africa Business Radio
Organization Africa Business Radio
Website -
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