SPAR Enables Stablecoin and Crypto Payments at 100 Stores Across Switzerland Through Partnership with Binance Pay and DFX.swiss – Bitcoin Switzerland News
Stores Across Switzerland Through Partnership with
Binance Pay and DFX.swiss
Swiss shoppers can now pay for everyday groceries using stablecoins and other cryptocurrencies, thanks to a new partnership between SPAR, Binance Pay, and DFX.swiss.
Through this collaboration with Binance Pay, the secure and seamless crypto payment solution from Binance, and the Swiss fintech DFX.swiss, customers can now pay with cryptocurrency at over 100 SPAR stores across Switzerland. This marks the first nationwide rollout of a crypto payment system in Swiss grocery retail.. The rollout is already scaling across the SPAR network, with over 300 locations set to support crypto payments in the coming months.
The integration allows customers to pay instantly with over 100 supported cryptocurrencies, including popular euro- and dollar-backed stablecoins, with no gas fees, directly through the Binance Pay app. Payments are settled in Swiss Francs (CHF) or any other currency via DFX.swiss integration.
André Scherrer, Managing Director SPAR Switzerland:
”Smart wallet payment solutions such as those offered by DFX in combination with Binance Pay will be the future: customers are increasingly asking for them, and merchants save around two-thirds of commission fees compared to card payments.”
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