International Chain Supermarket Spar: 300 Stores in Switzerland Open to Using Binance Pay, Crypto Payments Enter Daily Life

Swiss Spar supermarkets partner with Binance Pay and DFX.swiss to expand cryptocurrency payments from a pilot program to 300 stores nationwide. Merchants save on commissions, and consumers enjoy zero gas fees when checking out with a scan. (Background: 800 Sheetz convenience stores across the U.S. accept crypto payments: 50% discount for spending BTC, ETH, USDC) (Additional context: Bitcoin whale dumping again? A dormant BTC wallet awakens after 14.5 years: holding 3,962 BTC with a return rate of up to 370,000 times). Now, when you walk into any Spar supermarket in Switzerland, you can complete your payment using Bitcoin, Ethereum, or stablecoins by simply scanning the QR code on the counter screen at checkout, taking less than a few seconds. This initiative, driven by Spar supermarkets in collaboration with Binance Pay and DFX.swiss, has already launched in 100 stores, with plans to expand to 300 in the short term, ultimately covering all Spar data points. Spar Switzerland transitions from pilot to regular operation. As early as April 2023, Spar Zug began trialing Bitcoin checkout through the Lightning Network, laying the groundwork for subsequent expansion. The plan now is to upgrade to a nationwide solution. According to the explanation, customers using the Binance Pay App to scan the QR code generated by DFX.swiss can choose from over 100 types of crypto assets for payment, with the process being gas-free, eliminating on-chain fees. Cost reduction and enhanced payment experience. André Scherrer, General Manager of Spar Switzerland, pointed out that compared to card payments, using cryptocurrency can save merchants two-thirds of commission fees. All transactions are instantly converted back to Swiss francs by DFX.swiss, so stores don’t have to worry about price fluctuations and don’t need to change existing cash register systems, significantly lowering the entry barrier. For consumers who have cryptocurrencies and do not want to convert back to fiat, this is also a more convenient option. Scherrer emphasized: 'Smart wallet payment solutions represent the future of retail.' Friendly regulation creates a fertile ground for crypto. Switzerland has always been known for its open regulations, providing fertile ground for blockchain and digital assets. The city of Lugano has allowed residents to pay municipal fees using Bitcoin and Tether, and the number of merchants accepting Bitcoin nationwide has exceeded 1,000. Binance Regional Director Jonas Juenger stated that Spar's inclusion makes crypto payments 'no longer just an experiment within professional circles,' but truly enters the daily lives of the public. Related reports: Trump will allow 401(k) retirement funds to invest in Bitcoin! Vice President Vance: Soon, 100 million Americans will own BTC. Cathay United Bank can now hold Bitcoin! The first wave of trials has been approved, targeting high net worth clients. (Perspective) Proposing with Bitcoin, more eternal than diamonds? Generation Z has already awakened. 'International chain supermarket Spar: 300 stores in Switzerland open to using Binance Pay, crypto payments enter daily life.' This article was first published on BlockTempo (the most influential blockchain news media).