Swiss Spar Don Launch Binance Pay Crypto Payments for 300 Stores
Swiss supermarket chain Spar don roll out gas-free crypto payments through Binance Pay and DFX.swiss for 300 stores nationwide. Customers fit scan QR code for checkout to pay with Bitcoin, Ethereum or more than 100 crypto assets. DFX.swiss dey convert transactions sharp sharp to Swiss francs, reduce merchant fees by two-thirds compared to card payments and e dey protect merchants from volatility.
This crypto payment expansion come after one successful pilot for Zug in April 2023 and e dey build on Switzerland crypto-friendly regulatory environment, wey Lugano dey accept BTC and USDT for city services and over 1,000 crypto-enabled merchants nationwide. Spar MD André Scherrer talk say the solution na “the future of retail payments,” and Binance regional director Jonas Juenger talk say this rollout mark change from niche experiments to mainstream daily crypto use.
Bullish
Both summaries dem highlight say Spar dem nationwide rollout of gas-free crypto payments way get instant fiat conversion for 300 stores fit boost demand for Bitcoin and Ethereum. Mainstream retail adoption reduce transaction wahala and merchant cost, e dey drive on-chain activity and user confidence. For short term, higher spending fit raise trading volumes and positive feeling. For long term, broader use fit attract institutional interest and help ecosystem growth. Historical examples like Zug Lightning Network pilot and Lugano’s municipal BTC/USDT payments show say real-world payment use cases dey support price stability and slow appreciation. Together, these factors point to better prospects for di cryptocurrencies wey dey involved.