The Concept of Bitcoin for Retail is Tested Out in France
Bitcoin for retail might have seemed like an ambitious concept before, but the mode of payment is beginning to be embraced by an increasing number of retail spaces -- both online and off. In France, for example, this venture is on its way. In the month of September, it was announced that crypto payments will be accepted in over 25,000 retail stores across the country. The cryptocurrency will be immediately transferred to euros at the point when the purchase is made.
The ambitious and disruptive project is powered by point-of-sale provider Global POS, as well as payment platforms EasyWallet and Easy2Play. Brands that are embracing the Bitcoin for retail concept include World House, Intersport, Cultura, Foot Locker, Maisons du Monde, Boulanger, and more.
Photo Credits: Shutterstock
The ambitious and disruptive project is powered by point-of-sale provider Global POS, as well as payment platforms EasyWallet and Easy2Play. Brands that are embracing the Bitcoin for retail concept include World House, Intersport, Cultura, Foot Locker, Maisons du Monde, Boulanger, and more.
Photo Credits: Shutterstock
Trend Themes
1. Bitcoin-powered Retail Payment Platforms - Bitcoin is being embraced as a mode of payment by an increasing number of retail spaces, creating opportunities for innovative payment platforms.
2. Cryptocurrency Acceptance in Retail - The acceptance of cryptocurrencies like Bitcoin in retail stores is on the rise, opening up opportunities for new retail experiences and payment options.
3. Integration of Bitcoin and Point-of-sale Systems - The integration of Bitcoin into point-of-sale systems is becoming more common, creating potential for streamlined transactions and increased convenience.
Industry Implications
1. Retail - The retail industry has the opportunity to adopt and integrate Bitcoin as a payment option, enhancing customer experiences and expanding payment options.
2. Cryptocurrency - The cryptocurrency industry can capitalize on the increasing acceptance of Bitcoin in retail, driving adoption and usage of cryptocurrencies in everyday transactions.
3. Point-of-sale Systems - Point-of-sale providers have the opportunity to innovate by integrating Bitcoin into their systems, offering retailers and customers seamless cryptocurrency payment options.
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