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Pick n Pay has piloted cryptocurrency payments in 39 stores

By Zuko Komisa

Pick n Pay has finished the first stage of a new pilot program that lets customers use cryptocurrencies to make purchases on their smartphones through a reputable app, and the company is currently testing it in more locations.

BizCommunity reports that people who are underserved by traditional banking systems or who want to pay and trade money in a more affordable and practical method are increasingly using cryptocurrencies.

As a result, many businesses now accept Bitcoin.

In its most recent experiment, Pick n Pay tried a payment service technology that lets clients use cryptocurrency at checkout points with an app to pay for goods.

Pick n Pay operated the pilot in 10 Western Cape stores for five months with pre-selected testers.

Also Read: In conversation with union calling for the abolition of Zulu monarchy

Now that the pilot has been expanded to 29 additional stores for customer testing, the company plans to roll it out to all stores in the upcoming months.

“This exciting pilot shows huge potential and is another way we can help and support our customers.” says Chris Shortt, Chief Information and Technology Officer. 

The retailer has shared stores that offer bitcoin payments. Click HERE to see if your local store is one of them.

“Increasingly cryptocurrency is being used by those under-served by traditional banking systems, or by those wanting to pay and exchange money in a cheaper and really convenient way. Many companies are responding to this by accepting Bitcoin,” Pick n Pay said in a statement.

READ NEXT: Man arrested for spending over R100 000 for fuel with a state petrol card

Written by: Zuko



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