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Global retail chain SPAR is testing cryptocurrency payments in Switzerland

Online reports that global retail chain 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 stores in Zug, Switzerland have accepted Bitcoin payments through the Lightning Network. The test marks one of the largest attempts by a large retail chain to make cryptocurrency payments. SPAR's move demonstrates its interest in serving the growing community of cryptocurrency holders and its willingness to explore digital payment methods. Industry insiders expect that this trial will provide an important reference for assessing the feasibility and customer needs of cryptocurrency payments in the mainstream retail environment.

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