Customers of the largest supermarket chain in Croatia will be
able to pay with cryptocurrency for their orders in the retailer’s
online shop. The company plans to soon offer the crypto payment option
also at its physical stores throughout the country.
Konzum Allows Shoppers in Croatia to Pay With 9 Cryptocurrencies
Croatia’s supermarket chain with the largest number of stores, Konzum,
is now accepting cryptocurrency for groceries and other items sold
through its online shopping platform. Starting from Dec. 1, customers
can buy any of the 12,000 listed products using nine major
cryptocurrencies: bitcoin (BTC), ether (ETH), bitcoin cash (BCH), EOS, DAI, XRP, XLM, and the stablecoins USDT and USDC.
“The introduction of cryptocurrency payments is another indicator
that Konzum is constantly monitoring global trends, introducing
innovations and setting the standard in the retail sector,” said Uroš
Kalinić, member of the Management Board of Konzum responsible for
finance and IT. Noting the chain’s decades-long history as a leader in
terms of business results and technological achievements in Croatia, the
representative added:
We are proud to be leaders in another area that is rapidly developing and dictating the future.
The cryptocurrency payments have been enabled by the Croatian payment
processor Paycek, a platform developed by the local fintech company
Electrocoin. The integration with Konzum’s online store allows buyers to
select a desired coin and complete the payment by scanning a generated
QR code.
Once the transaction is finalized, shoppers will receive a
confirmation email from the Paycek system and Konzum will send them an
invoice. As crypto prices can be quite volatile, Paycek will guarantee
users a temporarily fixed exchange rate.
The new payment method is currently only available for online orders.
However, Konzum said in the announcement published on Wednesday that it
intends to also introduce crypto payments at its stores across Croatia
in the near future.
Paycek has so far facilitated the adoption of cryptocurrencies by
various other businesses in the country. In September, Croatian e-bike
company Greyp Bikes integrated
crypto payments into its online billing system to allow enthusiasts to
purchase high-tech cycling products using digital coins. Earlier this
year, more than 40 Tifon gas stations started accepting cryptos using the services of Paycek.
source link : https://news.bitcoin.com/leading-supermarket-chain-in-croatia-introduces-crypto-payments/