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Leading South African Retailer Pick n Pay Starts Accepting Bitcoin


Customers in South Africa can now use their bitcoin to purchase regular daily goods at a local food retailer.

Pick n Pay, one of South Africa’s largest retailers, has started rolling out Bitcoin payments in its stores, extending a pilot that began with 10 locations five months ago to a total of 39, local news outlet Sunday Times reported. The retailer said it plans to enable the payment option on all of its stores in coming months.

In addition to supporting on-chain Bitcoin transactions, Pick n Pay’s BTC-enabled payment gateway also allows customers to pay with Lightning wallets, a move that turns even the smallest of payments feasible. With its usage broadly showcased in the adoption of bitcoin by El Salvador last year, Lightning reduces transaction costs to a minimum while ensuring nearly instantaneous settlements. Customers can use the Bitcoin or Lightning wallet of their choice.



Read More: Leading South African Retailer Pick n Pay Starts Accepting Bitcoin

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