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South Africans Gain Crypto Payment Access at 650,000 Scan to Pay Stores

South Africans Gain Crypto Payment Access at 650,000 Scan to Pay Stores

Scan to Pay partners with MoneyBadger to enable seamless cryptocurrency transactions at over 650,000 retail locations across South Africa.

BTC

Summary

Scan to Pay has teamed up with Bitcoin payments company MoneyBadger to enable South Africans to use cryptocurrencies like Bitcoin and stablecoins at over 650,000 merchants nationwide. Transactions are processed via QR codes and settled in rand, streamlining crypto payments for everyday purchases.

Terms & Concepts
  • Cryptocurrency Payment Integration: The enabling of digital currency transactions at retail points of sale, allowing customers to spend crypto directly.
  • Scan to Pay: A payment method using QR codes that allows users to complete transactions via mobile devices.