France: 25,000 Major Retail Stores to Accept Bitcoin in 2020

France: 25,000 Major Retail Stores to Accept Bitcoin in 2020

Bitcoin will be accepted at over 25,000 retail locations at stores such as Decathlon and Sephora in France by early next year

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By early 2020, support for Bitcoin payments will be launched at over 25,000 sales points for 30 French retailers, including sportswear giant Decathlon and cosmetics store Sephora.

French crypto news outlet Cryptoglobe reported the development, announced during Paris Retail Week, on Sept. 24.

25,000 retailers to enter Economy 3.0 via Bitcoin

The new cryptocurrency payments system is launching via a partnership between point-of-sale technology provider Global POS, the EasyWallet application and payments platform Easy2Play.

While payments will be made in Bitcoin (BTC), funds will be automatically converted into euros at the moment of sale. 

Conversion services are to be provided by two partners, Deskoin and Savitar, both of whom are currently applying for Digital Asset Service Provider accreditations under France’s PACTE Act.

Alongside Decathlon and Sephora, well-known retailers signing on to the initiative include Boulanger, Foot Locker, World House, Intersport, Cultura, Maisons du Monde and Norauto.

Stéphane Djiane, CEO and founder of Global POS, has given a statement proposing that:

„This is an important symbolic step in the evolution of payment methods in France. However, more than a symbol, what we bring to 25,000 outlets is the ability to safely enter the world of Economy 3.0.”

After Bitcoin, altcoins could be next

By enabling consumers to use their cryptocurrency holdings at physical retail locations within a legalized and regulated framework, the initiative aims to broaden adoption beyond the currently estimated 4 million French crypto owners. 

While Bitcoin remains the sole cryptocurrency on the cards for now, Dijane has indicated the platform intends to roll out support for altcoins in the future.

In January of this year, a handful of tobaccos shops in Paris started to sell Bitcoin, notwithstanding mixed messages from local regulators and the central bank.


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Bitcoin will be accepted at over 25,000 retail locations at stores such as Decathlon and Sephora in France by early next year

All 7-Eleven Stores Across the Philippines Now Sell Bitcoin

All 7-Eleven Stores Across the Philippines Now Sell Bitcoin

Crypto investment app Abra starts selling cryptocurrency for cash in all 7-Eleven stores across the Philippines with a new partnership with payment processor ECPay

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Cryptocurrency investment app Abra starts selling crypto for cash in all 7-Eleven stores across the Philippines with a new partnership with payment processor ECPay.

Crypto in 6,000 outlets in the Philippines

Abra announced on Sept. 18 that the partnership will bring crypto to 6,000 retail outlets across the Philippines, including all 7-Eleven stores. The company says that the aim of the partnership is to make acquiring cryptocurrency easier:

“Using new digital tools that open up financial access shouldn’t be hard. And they shouldn’t be complicated. Moving cash to crypto and other digital assets should be simple and fast. That’s why we are really excited to announce our new partnership.”

How to buy Bitcoin at 7-Eleven

As a result of the collaboration with ECPay, consumers in the Philippines will be able to find Abra listed under the “Bills Payment” option at any CLIQQ ECPay financial services kiosk or in the dedicated mobile app. They can then deposit the money into their Abra wallet. The minimum deposit is PHP 500 ($9.59) and the daily limit is PHP 100,000 ($1,917).

After confirming the transaction details, printing the receipt and completing the transaction with the cashier, the funds should be accredited within 1-2 business days, (except for weekends and holidays).

As Cointelegraph reported in May, Bitcoin ATM operator Coinme has expanded its Bitcoin (BTC) purchasing options for United States residents to cover 21 states by partnering with coin kiosk operator Coinstar.


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Crypto investment app Abra starts selling cryptocurrency for cash in all 7-Eleven stores across the Philippines with a new partnership with payment processor ECPay

Lithuania: Narvesen Stores and Lithuanian Press Kiosks to Sell BTC

Lithuania: Narvesen Stores and Lithuanian Press Kiosks to Sell BTC

Lithuanian convenience stores Narvesen and Lithuanian Press kiosks to sell Bitcoin

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Lithuanian convenience stores Narvesen and Lithuanian Press kiosks will sell Bitcoin (BTC), local news outlet Delfi reported on Sept. 17.

Bitcoin in Lithuanian stores

Per the report, the stores mentioned above will start selling coupons that can be exchanged for BTC online. Narvesen stores and Lithuanian Press newsstands have been chosen because of their extensive network and favorable attitude towards cryptocurrencies, which would grant access to the target audience and provide the means to buy coupons quickly. Narvesen CEO Vigintas Bartaševičius commented on the development:

“We currently have a network of nearly 60 Narvesen stores, where we are constantly looking to expand our selection of products and services. We recently offered a cash withdrawal service to our busy city customers, and now we are starting to sell Bitcoin vouchers, both cash and card. Bitcoin coupon sales are geared to meet the needs of a younger audience.”

No Know-Your-Client

The author of the article also specifies that no ID or other documents to convert euros into Bitcoin acquired with the coupon. All a user needs is an email address and a Bitcoin wallet address. Raimundas Asauskas, the owner of Rebiton (the service processing the coupons), suggested that this is of no regulatory concern:

“While we have greatly simplified the process of acquiring Bitcoin, we strictly comply with money laundering, fraud prevention and other legal requirements regarding our operations. We also make sure there are no abuses. We perform evaluation and validation of email and IP addresses using solutions from partners providing similar services to brands such as Disney, IBM, American Airlines or Santander.“

New rules

This last choice is made more interesting by the fact that, in June, the same news outlet reported that Lithuania is preparing new rules to govern cryptocurrency transactions, requiring businesses to prove the identity of clients.

As Cointelegraph reported in June, the total number of bitcoin ATMs (BTMs) worldwide reached 5,000 for the first time. Still, according to BTM search service CoinATMRadar there are none in Lithuania. In February last year, the local tax authority forced the removal of BTMs present in a local shopping mall.


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Lithuanian convenience stores Narvesen and Lithuanian Press kiosks to sell Bitcoin

Cash, Card or Crypto? — Platform Helps Stores Accept Digital Payments

Cash, Card or Crypto? — Platform Helps Stores Accept Digital Payments

Many merchants are reluctant to accept crypto, but a payment platform says digital currencies can offer surprising benefits to online and offline retailers #SPONSORED

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A mobile crypto payment platform says its technology is transforming the retail business — and giving merchants an unprecedented opportunity to accept digital currencies as a method of payment.

Eligma says Elipay, its flagship product, removes the hurdles that have been stopping brick-and-mortar stores from embracing cryptocurrencies. All too often, independent retailers have been dissuaded from accepting the likes of Bitcoin because it would take too much technical know-how. Volatility has been another concern, with small shops fearful that sudden price fluctuations could erase their razor-thin profit margins.

However, the Slovenian startup says crypto can offer a much-needed alternative to the status quo — and stop physical stores from being left behind as online merchants give their shoppers a greater choice of payment methods. According to Eligma, its point-of-sale solutions mean merchants no longer have to pay the sky-high fees charged by payment processing companies. Better still, it offers a viable alternative when national currencies are left unusable because of high inflation.

Through Elipay, merchants can accept Bitcoin Cash, Bitcoin, Ether and ELI tokens (its native currency) via a platform that can be simply integrated into their existing infrastructure. Settlements occur immediately — and the company claims its technology eliminates the delays seen when credit card payments are being cleared. To address concerns over volatility, businesses that accept digital currencies can opt to receive revenue in their local currency, meaning no in-depth crypto knowledge is required.

Taking crypto mainstream

Eligma says its Elipay point-of-sale solutions are designed to make it possible for merchants of all sizes to accept crypto, wherever they are based — in store or on the road. For example, it offers a free system that enables transactions to be completed in offline locations via a mobile phone — perfect for market stall traders. Online retailers can also benefit from the company’s offering, as Elipay can be integrated into e-commerce stores with ease.

Elipay is available here

The payment platform now has its eyes on international expansion after making inroads in Europe. Elipay is now accepted at more than 370 locations — with Eligma claiming that this means that its home country, Slovenia, has the highest number of crypto-friendly physical stores in the world. The company has also played an instrumental role in creating Bitcoin City — a shopping mall where numerous major stores welcome digital currencies as a form of payment. According to Eligma, this novel concept has led to a rise in “crypto tourism,” with enthusiasts traveling from around the world for the experience.

Elipay has now started to be accepted in Croatia, and Eligma hopes to take its solution global by introducing Bitcoin Cities in nations around the world. Clusters of merchants in specific locations will be invited to start using the technology, creating hubs where crypto consumers can shop — safe in the confidence that their digital currencies can be used to complete a purchase.

New partnerships

Thanks to the momentum it has achieved as increasing numbers of retailers turn to Elipay, Eligma recently entered into a partnership with Bitcoin.com. This milestone has meant that Elipay locations are now able to accept the Bitcoin.com Wallet, which is used by an estimated 4 million people internationally.

Eligma has also been listening to customer feedback regarding the stores that they would like to see added to the platform. Back in June, this resulted in Elipay being accepted at Tuš, one of Slovenia’s biggest grocery store chains. The move means that crypto users can pay for fresh fruit, vegetables and 20,000 other items with ease at the supermarket’s self-service checkouts.

Disclaimer. Cointelegraph does not endorse any content or product on this page. While we aim at providing you all important information that we could obtain, readers should do their own research before taking any actions related to the company and carry full responsibility for their decisions, nor this article can be considered as an investment advice.


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Many merchants are reluctant to accept crypto, but a payment platform says digital currencies can offer surprising benefits to online and offline retailers #SPONSORED