QR code payment provider Scan to Pay allows South Africans to pay with cryptocurrencies at 650,000 stores

PANews reported on October 10th that, according to Cointelegraph, South Africans can now use cryptocurrencies to pay at thousands of retail stores nationwide thanks to a new partnership between QR code payment service provider Scan to Pay and Bitcoin payment company MoneyBadger. This integration enables users of major exchanges, including Binance, Luno, Blink, and VALR, to pay with Bitcoin, stablecoins, and other crypto assets at over 650,000 merchants supporting Scan to Pay. Cryptocurrency holders can complete purchase payments at the checkout using a QR code, and merchants will settle in rands. The system operates through the MoneyBadger platform, connecting payments to users' exchange accounts or Bitcoin Lightning Network accounts. This integration effectively allows users to pay directly with cryptocurrency for groceries, restaurants, and online purchases.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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