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Brazilian supermarket chain adds cryptocurrency as a payment option

A Brazilian supermarket chain called Oásis Supermercados has added cryptocurrency as a payment option, Finance Magnates reported.

The Rio de Janeiro-based supermarket is one of the major retail chains in the country. The supermarket has trained all its 20 cash register employees to accept payment in cryptocurrencies.

Douglas Andrade, one of the managers of the chain, said the supermarket added support for three cryptocurrencies – Bitcoin (BTC), Bitcoin Cash (BCH), and Litecoin (LTC).

According to Andrade, the cryptocurrency payments can be easily done and will not be a complicated process. Mentioning the process, he said:

“(It is) too easy. It is the same as the payment by (any) credit card. The client says which cryptocurrency he wants to pay (with), the operator types in reais and the system already converts to that crypto. Then just get the QR code and you’re done.”

Oásis has partnered with CoinWISE for the crypto payment gateway setup. The supermarket will convert the received crypto in fiats every three days.

Earlier, Brazilian GBS Group’s two public transportation companies – Brasil Sul and Viação Garcia – stated accepting Bitcoin, Bitcoin Cash, and Litecoin as payment. Metrô Brasília, one of Rio de Janeiro subway system has also started accepting Bitcoin. Moreover, Technisa, a construction company in Brazil is even providing a discount of 5 percent to all clients paying in Bitcoin.

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