Crypto Analyzer

Pick n Pay Goes Crypto: South Africa’s Largest Grocery Store Now Accepts Bitcoin Payments

Pick n Pay, a South African retailer, has opened its doors to accepting bitcoin payments in all of their stores. Pick n Pay is now allowing customers to use bitcoin in all its stores, following a successful pilot program in 39 stores that was completed in November 2022.

Pick n Pay partnered with CryptoQR payments platform, which allows customers to pay for their purchases using bitcoin wallets. This integration allows customers to pay for their groceries and electric at the till.

Twitter was the place where Pick n Pay announced the news. Pick n Pay is now the largest supermarket and grocery store in South Africa that accepts bitcoin payments. This move will boost cryptocurrency adoption in South Africa, with more than 770 locations. It could also serve as a model for other retailers who want to tap into this growing market.

Pick n Pay’s acceptance for bitcoin payments is a significant step forward in South Africa’s cryptocurrency landscape. It could also inspire other retailers to do the same. It’s a momentous time in cryptocurrency industry. This development will be closely monitored by financial and payments professionals.