PANews reported on April 18 that according to Bitcoin.com, global chain retail giant SPAR is testing cryptocurrency payments in Switzerland. The retail group, which has more than 13,900 stores in 48 countries in Europe, Asia, Africa and Australia, was recently revealed that its store in Zug, Switzerland, has accepted Bitcoin payments through the Lightning Network.
The test marks one of the largest attempts by a large retail chain to use cryptocurrency payments. SPAR's move shows its interest in serving the growing group of cryptocurrency holders and its willingness to explore digital payment methods. Industry insiders expect that the trial will provide important reference for assessing the feasibility and customer demand for cryptocurrency payments in mainstream retail environments.
