Croatia’s leading supermarket chain launches encrypted payments – Bitcoin News

Croatia’s leading supermarket chain launches encrypted payments – Bitcoin News



Customers of Croatia’s largest supermarket chain will be able to use cryptocurrency to pay for orders in the retailer’s online store. The company plans to soon provide encrypted payment options in physical stores across the country.

Konzum allows Croatian shoppers to pay with 9 cryptocurrencies

The supermarket chain with the largest number of stores in Croatia, Consume, Is now accepting cryptocurrency for groceries and other items sold through its online shopping platform. Starting on December 1, customers can use nine major cryptocurrencies to purchase any of the 12,000 listed products: Bitcoin (Bitcoin), ether (Ethereum), Bitcoin Cash (Bitcoin cash), EOS,wore, Ripple, XLM, And stablecoins USDT And USDC.

Croatia's leading supermarket chain launches encrypted payment

“The introduction of cryptocurrency payments is another indicator of Konzum’s continuous focus on global trends, introducing innovations and setting standards for the retail industry,” said Uroš Kalini?, a member of Konzum’s management committee responsible for finance and IT. Noting the chain’s decades of history as a leader in Croatian business and technical achievements, the representative added:

We are proud to be a leader in another field that is rapidly evolving and determines the future.

The Croatian payment processor Paycek has enabled cryptocurrency payments. Paycek is a platform developed by the local financial technology company Electrocoin. The integration with the Konzum online store allows buyers to select the desired coin and complete the payment by scanning the generated QR code.

After the transaction is completed, the shopper will receive a confirmation email from the Paycek system, and Konzum will send them an invoice. Due to the large fluctuations in cryptocurrency prices, Paycek will guarantee users a temporary fixed exchange rate.

The new payment method is currently only available for online orders. However, Konzum said in its announcement on Wednesday that it also intends to introduce encrypted payments in stores across Croatia in the near future.

So far, Paycek has promoted the adoption of cryptocurrency by various other companies in the country. In September, the Croatian electric bicycle company Greyp Bikes Fused Encrypted payment enters its online billing system, allowing enthusiasts to use digital coins to buy high-tech bicycle products.Earlier this year, more than 40 Tifon gas stations Start Use Paycek’s service to accept cryptocurrency.

Tags in this story

Bitcoin cash, Bitcoin, Bitcoin cash, Bitcoin, chain, Croatia, Croatian, encryption, Encrypted payment, Cryptocurrency, Cryptocurrency, Electronic currency, Grape Bike, Consume, online store, Pecek, Payment processor, Stablecoin, Shop, supermarket, gauze

Do you want other major retailers in Croatia to introduce cryptocurrency payments? Tell us in the comments section below.

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