More Than 20,000 Retail Stores To Accept Bitcoins In France

Suzat

September 24, 2019 11:30 pm

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Starting from 2020, Bitcoin payments will be launched at more than 25,000 stores for 30 French retailers. Decathlon and  SephoraDecathlon and cosmetics store Sephora are also included in the retailer’s list.

The new digital currency payments system is launching via a partnership between point-of-sale technology provider Global POS. Including the EasyWallet application and payments platform Easy2Play.

While Bitcoin will be used as a payment method, funds will be automatically converted into euros at the moment of sale. 

Conversion services will be provided by two partners, Deskoin and Savitar. These two firms are currently applying for Digital Asset Service Provider accreditations under France’s PACTE Act.

Including Decathlon and Sephora, Boulanger, Foot Locker, World House, Intersport, Cultura, Maisons du Monde, and Norauto these famous retailers will also be part of the project.

Stéphane Djiane, CEO and founder of Global POS said:

“This is an important symbolic step in the evolution of payment methods in France. However, more than a symbol, what we bring to 25,000 outlets is the ability to safely enter the world of Economy 3.0.”

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