South Africa's large supermarket chain Pick n Pay has begun to try to accept Bitcoin payments at its headquarters in Cape Town's store. The payment technology company Electrum will provide a payment platform, and the spot currency exchange firm Luno will provide the payment infrastructure. Readings: Bitcoin is growing rapidly in Africa, trading volume surged
Pick n Pay try to accept Bitcoin payment Pick n Pay is South Africa's second largest supermarket, second only to Shoprite. The company has tested the bitcover in its campus store, and its payment program provider Electrum recently announced:
"ELECTRUM has helped PICK N PAY to support Bitcoin payments within its stores, and PICK N PAY may be the world's first large food retailer to support Bitcoin payments." electrumElectrum provides a cloud-based enterprise payment platform for bit-currency transactions. This is the first time the company offers a bitcover payment solution. Pick n Pay Group was founded in 1967 and currently has 80,000 employees. The company sells food, clothing and household goods, with 1560 stores in South Africa, Namibia, Botswana, Mozambique, Zambia, pnp-300×74 Mozambique, Mauritius, Swaziland and Lesotho. However, this trial is located at the headquarters campus store in Cape Town, where customers can purchase goods and services in the campus store with Bitcoin.