min to read

2019-09-24 19:57:28




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25,000 FRENCH RETAILERS WILL START ACCEPTING BITCOIN

BTC to the moon

min to read

2019-09-24 19:57:28

By the beginning of 2020, more than 25,000 retail outlets in France will start accepting bitcoin.

By the beginning of 2020, more than 25,000 retail outlets in France will start accepting bitcoin. Among them: a sports goods manufacturer Decathlon and a network of perfume and cosmetics stores Sephora.

 

According to Cryptoglobe, the new payment system will be launched thanks to the partnership of Global POS, the EasyWallet application and the easy2Play payment platform.

 

Payments in bitcoin will be automatically converted into euros at the time of sale. Deskoin and Savitar will be responsible for this process, which are currently awaiting the status of a digital assets provider in accordance with the French law.

 

In addition to the above mentioned Decathlon and Sephora, well-known retailers such as Boulanger, Foot Locker, World House, Intersport, Cultura, Maisons du Monde and Norauto have joined the initiative.

 

"This is an important and symbolic step in the development of payment methods in France. However, it is even more symbolic that we enable 25,000 retailers to safely enter the world of economy 3.0," said Stefan Gian, CEO and founder of Global POS, adding that in future the system will support various altcoins.

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