Coinfomania: Where blockchain and cryptos live.

Breaking! Over 30 French Retails Brands to Accept Bitcoin For Payments

As the global adoption of Bitcoin (BTC) as a means of payment intensifies, retailers in France have chosen not to be left behind by accepting a chance to accept the cryptocurrency for payments come the first quarter of next year. 

According to a press release today, Global POS, the firm offering the EasyWallet service will through a partnership with payment firm, Easy2Play, enable over thirty retailers to accept bitcoin as a means of payment. The new service announced at the ongoing Paris Retail Week will see over 25,000 point-on-sale machines belonging to these retailers to accept Bitcoin as a means of payment in line with national laws.

Notable early participants of the new payment service include Boulanger, Foot Locker, Decathlon, Conforama, among others. 

Commenting on the development, 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 enter the world of the 3.0 economy safely.” 

Per the release, even though customers can make payment for goods and services using cryptocurrencies, the cryptos will be converted into Euros when sales are concluded. Global POS has added two partners in Deskoin and Savitar, to help convert the cryptos into Euros. 

The firm further stated that when the service is launched, Bitcoin will be the only accepted cryptocurrency, while it will add support for other altcoins in the future. 

 “The service we offer will only allow the use of bitcoins, our goal is to open our solution to other cryptocurrencies in the future,” Djiane concluded. 

In a similar development, Coinfomania reported earlier that Brazil’s largest city Fortaleza, would by the end of this year accept Bitcoin as a means of payment for public transportation.

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