In these days when Bitcoin is seen as the biggest earning tool in South Africa, Pick n Pay in the capital, Cape Town, will accept cryptocurrency for payments starting today.
Pick n Pay established in 1967 and continues its life in South Africa as a well-established shopping chain .
The Bitcoin payment system was developed and powered by Electrum, a software platform that allows to process outgoing payments in different currencies. Jason Peisl, Executive Director of Pick n Pay, said: Cryptocurrency and Bitcoin are still relatively new payment concepts, but we have been able to effectively demonstrate how we can accept such alternative payment methods.”
The proliferation of Bitcoin acceptance
The rise as a payment method continues While the total market value of Bitcoin continues to increase. This is a critical aspect for increasing the acceptance of Bitcoin in general.
General acceptance brings with it a greater level of awareness and therefore a greater level of use. Despite the negative news, Bitcoin is still accepted and continues to spread around the world.
Join our Telegram channel to be informed about all developments and shares!
What is Bitcoin Gold, How and Where to Buy?