Faster checkout times are contributing to an enhanced user experience for customers using crypto at Pick n Pay stores.
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Discovery Bank says clearer regulation and strong client demand drove the bank’s venture into the world of cryptocurrencies.
Discovery Bank is adding the ability for its clients to trade in cryptocurrencies directly in its banking app.
The CEOs of MoneyBadger and Luno on why they think South Africa is ready for crypto payments at the point of sale.
South Africans can now spend cryptocurrency directly at more than 650 000 Scan to Pay-enabled stores nationwide.
South Africans are spending R2-million/month in cryptocurrency through Luno Pay alone, developer Luno said on Tuesday.
Regulators must work to position South Africa as a competitive player in the fast-evolving world of crypto.
Crypto exchange Luno says this classification will lead to increased institutional investment and greater tax collection.
Despite the regulators’ fascination with new technologies, local banks seem to remain fairly cautious about their adoption.
Pick n Pay customers are buying more than R1-million worth of groceries using crypto monthly, a new report has revealed.