Spar Supermarket In Switzerland Starts Accepting Bitcoin

Spar Supermarket In Switzerland Starts Accepting Bitcoin
Vivek Sen Bitcoin

SPAR started accepting Bitcoin’s payments on its site in Zug, Switzerland, which represents another milestone in Switzerland’s progressive approach to adopting bitcoin. the Implementation uses The lightning network by the OpenCryptopay solution from DFX Swiss, which allows immediate transactions at the point of sale.

The store site in Zug, called “Crypto Valley”, reflects technology in Switzerland. The country has emerged as a global pioneer in the adoption of Bitcoin, with cities like Zug and Lugano, which leads initiatives to integrate bitcoin into daily transactions.

Logano, in particular, publishes newspaper headlines with “Laha”Plan ₿“The initiative, which aims to make a legal tender in the city. The plan, which is supported by Mayor Michelle Foliti, has already enabled bitcoin payments for taxes, public services and hundreds of local merchants. The city’s partnership also with Tether to create a technology education center and startup funds.

“This SPAR is among the first supermarkets in Switzerland where you can pay directly when going out using Bitcoin via Lnurl,” DFX Swiss declared. The application can pave the way to expand via the Spar network, which includes more than 13900 stores in 48 countries, which serves about 14.7 million customers per day.

Director of the Bitcoin Association, Switzerland Rahim Tagsadejan The simplicity of the system showed: “Just wipe the installed fast response code, send Sats, and an immediate and easy recording by the treasurer.” This approach is easy to use with Switzerland’s vision to make bitcoin transactions available for daily consumers.

The country’s friendly position in the country attracted many companies, encrypted initiatives and initiatives. Besides Zug and Lugano, cities around Switzerland explore similar programs, with the support of a strong banking sector that increases bitcoin.

The Spar initiative depends on this basis, as it joins the retailers and other Swiss companies to accept Bitcoin payments. This step can affect the adoption of the retail sector, especially given the role of Switzerland as a model for bitcoin integration in traditional financing and trade.

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