Spar supermarket chain begins to accept payments with Bitcoin in Switzerland

By Hannah Pérez

The customers of the Retail Giant Spar in Zug, Switzerland, can start trying payments with cryptocurrencies in their daily purchases of groceries and other products.

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A Spar store in the Swiss city of Zug is adopting payments with Bitcoin.
Customers can pay their daily food purchases through Lightning Network.
Cryptocurrency payments are processed quickly, without friction or complications.
Spar could expand payments with Bitcoin to the whole country if you see suffering demand.

Spar Swiss customers can now pay their regular purchases of groceries with cryptocurrencies.

Spar, the retail giant with a wide presence in Europe, has begun to accept payments with Bitcoin Digital in Switzerland, a movement that reflects the growing tendency to adopt this kind of assets globally.

In particular, a supermarket branch in the Swiss city of ZUG, has implemented the option of payments in Bitcoin through Lightning Networkas announced this week through a publication on LinkedIn.

The team of DFX Swissa local payment firm crypto to Fiat, shared the news on social networks as part of a collaboration with the community project BTC Maothat maps stores that accept payments with cryptocurrencies worldwide.

“This spar location is one of Switzerland’s first supermarkets where you can pay directly in the box with Bitcoin“said the team of DFX Swisswhich was responsible for integrating the alternative of payments into the store.

Daily payments with bitcoin, fast and without friction

Innovation means that now Swiss buyers can pay for their common food and grocery shopping with cryptocurrency funds when visiting that spar branch. Payments are processed by tool Open Crypto Payan open P2P standard for pair cryptocurrency payments developed by DFX Swiss.

The operation is simple and is done in minutes. This is partly thanks to the implementation of Lightning Network (LN), a second layer of bitcoin centered on scalability making the transactions of Bitcoin Be faster and more economical.

Rahim Taghizadegan, economist and enthusiastic of Bitcoinhe related his experience in social networks.

“First payment with Bitcoin in a supermarket in Switzerland: spar in zug, impressive implementation by DFX.swiss. Simply scan a static QR code, send sats, immediate and easy record by the cashier ”Taghizadegan wrote, describing a fast payment experience, without friction or excessive complications.

He said he used the wallet Phoenix To make the payment of Bitcoin via Lightningbut added that “Practically anyone works”.

He also said that a High demand from consumers could promote Spar to expand the alternative for payments with Bitcoin to all its branches in Switzerland. “If enough people use it, it is possible that it will be implemented throughout the country”said the university professor and director of the Bitcoin Association from Switzerland.

Switzerland is a pioneer for adoption of cryptocurrencies

It is not surprising that this advance has occurred in Switzerland, a country that has long been considered one of the most friendly jurisdictions with cryptocurrencies, with some of the first adoption initiatives.

In 2023, the Swiss city of Lugano adopted Bitcoin and USDT for tax payments and municipal rates becoming one of the first municipal administrations in the world to do so. A few years earlier, Zug had already become famous among the community of cryptocurrency enthusiasts for his adoption of Bitcoin.

Spara global retailer of groceries of Dutch origin with more than 13,900 stores in countries in Europe, Asia, Africa and Australia, joins the thousands of business in Switzerland that already accept payments with digital currency. According to data from BTC MAPtoThere are 1,013 stores in that country that make up the option of payments with Bitcoin.

Hannah Estefanía Pérez / Diariobitcoin

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