American grocery store chain Kroger is accepting cryptocurrency payments ahead of the holiday season.
According to an official announcement on Nov. 5, the major retailer will accept Bitcoin Cash (BCH) at all of its stores — Baker's, City Market, Dillons, Fred Meyer, QFC and others — as well as for online purchases.
Rodney McMullen, Kroger's chairman and CEO, said that the initiative was spurred by increased demand for cashless payments:
In 2018, Kroger had broken ties with major payment processor Visa, citing high point-of-sale fees. The retailer eventually restored the relationship in 2019 after Kroger negotiated new terms.
Kroger had previously dabbled in the cryptocurrency space; in 2020 the firm began to offer Bitcoin (BTC) rewards at its
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