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BTC, ETH, XRP Now Accepted by Croatia’s Biggest Food Retailer, Konzum By CoinQuora

6 December 2021
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© Reuters. BTC, ETH, XRP Now Accepted by Croatia’s Biggest Food Retailer, Konzum
  • As the call for digital asset adoption echoes, many firms are yielding.
  • Konzum becomes the first Croatian-based food retailer to add digital assets as a payment method.
  • BTC, ETH, BCH, XRP, USDT, XLM are some of the cryptos accepted by Konzum.

The world is currently shifting from the conventional system we used to know into a more unified and digital world. As the shift is taking place, many businesses are adjusting to accept the changes that come with technology, especially in the crypto space.

Due to that, many companies are yielding to the demand of their customers to add (BTC) and other altcoins as alternative payment methods. The latest company to join the crypto wave is one of Croatia’s largest food producers and retailers in the Western Balkan district, Konzum.

According to reports, Konzum has become the first retail chain in Croatia where customers can pay with digital assets. At the moment, transactions are only available in the online store. Konzum, however, is making plans to introduce the service across its supermarkets anytime soon.

In detail, the cryptos accepted by the food company include Bitcoin (BTC), (ETH), (BCH), and (USDT). Also, (XRP), Stellar (XLM), (EOS), Dai (DAI), and (USDC).

Similarly, Konzum allied with Electrocoin, a domestic fintech company, and its payment processor, PayCek, which is also Croatia’s first crypto payment processor. Even more, PayCek will ensure buyers a fixed exchange rate, as well as supply enough time for successful execution.

Konzum is not the first e-commerce firm to accept digital assets as a means of payment. Earlier this year, a leading tech-focused California e-retailer, Newegg which allowed Bitcoin as a payment method in 2014, announced it will also accept (SHIB) in the coming Christmas holidays. Later on, it added (DOGE), and (LTC) as a form of payment on its platform.

Continue reading on CoinQuora

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Credit: Source link

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Tags: acceptedbiggestBTCCoinQuoraCroatiasETHFoodKonzumRetailerXRP
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