AISLES Bitcoin: Swiss supermarket chain welcomes crypto payments

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Swiss Spark supermarket, one of Switzerland, has begun accepting Bitcoin as a form of payment as the number of companies welcome cryptocurrency for their daily purchases is growing. The move is a major development for the global grocery chain, with around 14,000 stores worldwide and serving around 15 million customers every day.

Swiss outlet breaks the ground with Bitcoin payment options

This supermarket outlet from Zug has recently been added to BTC Map, a community-driven platform that monitors businesses accepting Bitcoin payments, as reported by DFX.Swiss, a Swiss-based cryptocurrency launch. The system supports payments through Bitcoin Lightning Network Technology, allowing customers to make payments simply by scanning a QR code.

Bitcoin economist Rahim Taghizadegan, the leader of the Swiss Bitcoin Association, is a guest at the shop and has correctly checked the system functions. In a video posted on LinkedIn, he explained how clients can pay using cryptocurrency.

Spar on BTC Map.

Technical solutions make transactions faster

The payment system works with the OpenCryptopay protocol created by DFX.Swiss and supports actual crypto transactions. The system utilizes the peer-to-peer capabilities of the Bitcoin Lightning network, allowing for faster transactions and retail use.

Switzerland has emerged as a hotbed for accepting cryptocurrency, with over 1,000 companies accepting Bitcoin payments. Switzerland’s city of Lugano has recently added a statue dedicated to the anonymous founder of Nakamoto, the anonymous founder of Bitcoin, as long as it legalizes BTC and USDT as fiat currency in 2022.

Global adoption gaining momentum

Bitcoin payment options are currently only available in one SPAR store, but the chain’s deployment to international networks can have a major impact on cryptocurrency use in daily shopping. SPAR has an international presence in 48 countries, so millions of customers could contact cryptocurrency payments.

The move continues to increase the pattern of Bitcoin ingestion among retail businesses around the world. Operating as one of South Africa’s largest food grocery chains, Pick N Pay accepted digital currency as of 2022. Sports car manufacturer Ferrari has paid cryptocurrency and has shown adoption through numerous market sectors.

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BTC is currently trading at $85,192. Chart: TradingView

The education department also employs cryptocurrency.

This trend has grown beyond retail and high-end products, according to a report last week. The UK’s Lomond School has announced that it will accept BTC tuition fees from fall 2025 and will introduce cryptocurrency payments to education.

With cryptocurrency payments built into institutions and more businesses, customers can find cryptographic codes that are used as standard options for making payments rather than traditional methods. Swiss Sparr Rollout could be a pilot in other markets within the wide network of grocery chains.

The move by SPAR to bring this payment mechanism to Switzerland reaffirms the country’s welcoming attitude towards cryptocurrency innovation. With the approval of reputable global retailers like Spar, Bitcoin is essentially continuing its transition from an investment currency to a practical currency for everyday shopping. ”

Inc. Magazine feature images, TradingView charts

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