South Africans with a Luno wallet or VALR Pay will soon be able to use bitcoin to buy their groceries.
Crypto payments have been available at over 1 500 Pick n Pay stores since February, but the payment process required customers to download two apps to make a crypto payment.
Launched in mid-2021, VALR Pay lets users make instant payments in crypto or rands to any cellphone number, e-mail address or VALR Pay ID for free. Recently, it partnered with CryptoConvert to make sure that VALR Pay is compatible with the crypto QR technology used to power the use of bitcoin at Pick n Pay tills.
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