US Might Have Already Lost Crypto Innovation Race

7m
cryptonewmedia

Bitcoin [BTC] Price Logs $11,000 as Crypto Market Hails Secretary Mnuchin’s Speech |

9m
cryptonewmedia

DADI Cryptocurrency Rebrands to EDGE » The Merkle Hash

40m
cryptonewmedia

McDonald’s and Nestlé Dive Into New Blockchain Pilot to Stop Fraud

1h
dailyhodl

Do ICO’s keep their promises? Analyzing the roadmaps of 2018’s ICOs

1h
bitcoinwarrior

Sally Ho’s Technical Analysis 18 July 2019

1h
cryptonewmedia

Sally Ho's Technical Analysis 18 July 2019

1h
cryptodaily

Central Banks and Cryptocurrencies: Natural Born Enemies, or Soon-to-Be Friends?

1h
cryptoglobe

Which One Should You Invest More? » The Merkle Hash

2h
cryptonewmedia

BTCPay Server Announces Crowdfunding Campaign for Tor Project

3h
beincrypto

Litecoin Leads The Way: As Bitcoin Plummets, Altcoins Rise Across the…

3h
cryptonewmedia

Trade smarter, only on Coinbase

3h
cryptonewmedia

Coinbase Announces Three Data-Based Trading Signals for Users

3h
cointelegraph

Rebel Nintendo Scorns Sony and Microsoft With Updated Switch

3h
cryptonewmedia

EOS Price Prediction: Will It Go Up To $10 At The End of 2019

3h
nulltx

Ocasio-Cortez Criticizes Corporate-Controlled Money in House’s Libra Hearing

3h
cointelegraph

Litecoin Leads The Way: As Bitcoin Plummets, Altcoins Rise Across the Board

3h
cryptonewmedia

Lotus is Building a Sensational Electric Hypercar » The Merkle Hash

3h
cryptonewmedia

Meltem Demirors Weighs in on ‘Shitcoin’ vs. Bitcoin – for Congress

3h
dailyhodl

Key Comments From Libra Hearing at US House of Representatives

4h
cointelegraph

FaceApp Thrusts User Privacy into Spotlight amid Russian Ties

4h
cryptonewmedia

Bitcoin Could Shed 20% & Drop to $7,400 Because Bulls Look Exhausted

4h
cryptonewmedia

Coinbase imposes minimum deposit restriction for British users

4h
bitcoinwarrior

Coinbase Releases New Data Tools for ‘First-Time’ Crypto Investors

4h
coindesk

Litecoin Leads The Way: As Bitcoin Plummets, Altcoins Rise Across the...

4h
newsbtc


Australians Hooked-up to Pay for Groceries With Bitcoin

Independent Grocers of Australia (IGA), a chain of independently-owned supermarkets, has teamed up with TravelbyBit to offer customers the opportunity to pay for goods in bitcoin and other cryptocurrencies.

Brisbane-based TravelbyBit, which offers travel booking services using bitcoin, litecoin and Binance's BNB coin, collaborated with the IGA Xpress store in Bowen Hills, Brisbane, to integrate its point-of-sale system, reported Nugget News on Friday.

In an interview with TravelbyBit co-founder Caleb Yeoh told Nugget that his company aimed to support "the little guy" and "the decentralized option". He added:

Regardless of whether I’m buying eggs, milk, fruit, or vegetables, I now have a way to pay for my groceries with cryptocurrency. The same goes for any other cryptocurrency owners shopping at Bowen Hills IGA.

Yeoh said TravelbyBit would receive no profit from its point-of-sale integration service, but hoped that it would prove successful in introducing merchants to the crypto alternative form of payment.

He added:

It all comes down to education. Introducing merchants to the world of cryptocurrency so that they may appreciate the benefits in their own time.

There are more than 1,400 IGA stores nationwide and Yeoh said he was aiming to introduce the technology to other branches, having been in contact with two other store operators.

Paying for everyday groceries with crypto?🤔 @igaAustralia (X-press Bowen Hills) is the first bitcoin supermarket in Australia! We will be announcing more stores across Australia soon.🎉 This first shop accepts $BTC $LTC $BNB Which IGA is near you and what coins would u use? pic.twitter.com/8eoNPbffXD

Currently TravelbyBit has integrated its point-of-sale system with around three-hundred merchants in Australia, which can be found on a map on the company's website. https://travelbybit.com/merchants

Last year, crypto-exchange group Binance announced it had invested $2.5 million in TravelbyBit to build point-of-sale systems in global airports, following the success of its installation in Brisbane Airport.

Regarding any copyrights issue, please contact us:content@hashbee.com.

0 comments