Customers of the largest supermarket chain in Croatia will be able to pay with cryptocurrency for their orders in the retailer’s online shop. It plans to offer crypto payments in the near future at all its stores across the country.
Konzum allows Croatian shoppers to pay with 9 cryptocurrencies
Croatia’s supermarket chain with the largest number of stores, Konzum, is now accepting cryptocurrency for groceries and other items sold through its online shopping platform. Beginning Dec. 1, any one of the listed 12,000 products can be purchased using any nine major cryptocurrencies. These include bitcoin (BTC), ether, bitcoin cash (BCH), EOS and DAI. Also, the stablecoins USDT, USDC, and XRP.
“The introduction of cryptocurrency payments is another indicator that Konzum is constantly monitoring global trends, introducing innovations and setting the standard in the retail sector,” said Uroš Kalinić, member of the Management Board of Konzum responsible for finance and IT. Noting the chain’s decades-long history as a leader in terms of business results and technological achievements in Croatia, the representative added:
Our company is proud to lead in an area of rapid development and shaping the future.
Paycek in Croatia, which is a local fintech firm Electrocoin’s payment platform, has enabled cryptocurrency payments. The integration with Konzum’s online store allows buyers to select a desired coin and complete the payment by scanning a generated QR code.
The Paycek system will email shoppers confirming the transaction. Konzum will then send an invoice. Paycek offers a temporary fixed rate for crypto currencies, as prices are volatile.
This new method of payment is only currently available to online orders. Konzum announced Wednesday, however that the company plans to introduce cryptocurrency payments in its retail stores in Croatia.
Paycek so far has helped other countries adopt cryptocurrencies. Greyp Bikes in Croatia, an ebike manufacturer, introduced crypto payment into their online billing system. It allows customers to pay with cryptocurrency for high-tech bikes and other accessories. Paycek has enabled more than 40 Tifon gasoline stations to accept cryptos earlier in the year.
Are you expecting other big retailers to accept cryptocurrency payments in Croatia? Let us know your thoughts in the comment section.
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