The concept of purchasing any product and making the payment in cryptocurrency has not received credible certificate and acceptance from all the businesses and firms. Hence, it is often confusing to understand where the virtual currencies are accepted and where they are not welcomed. Still, it is good to see when motivational start-up companies like Cyclebit take extra steps to make cryptos go mainstream much earlier than expected.
The newly founded Cyclebit aims to make digital currency available to everyone. It dreams for a future where everyone can easily buy and spend digital assets at a convenience store or during online shopping. However, since the concept is at a nascent stage, Cyclebit has contemplated to apply it on cappuccinos on the belief that it will have a good start.
The coffee lovers can now drink coffee or cappuccinos by making payment in cryptocurrency. The company is planning to merge payment in digital assets with the food industry so that the retailers can implement this new concept. As a result of this, the entire digital currency market will gradually spread in every sphere and take a new place in a transaction in the future.
Cyclebit has already extended its reachability to over 150 establishments in South Korea and Europe, as reported by CryptoNewsZ. Now the company is planning to extend its support of modern payment method to Spain any time soon. The idea is to create the buying and payment experience close to the existing procedures for credit cards or contactless payments.
According to Cointelegraph, the merchants will have to install an app for Android or iOS to be able to accept payment from cryptocurrency wallet including traditional banks. Even Cyclebit has also recently announced its exclusive partnership with Chinese company Dspread Technology to make transactions in digital currencies accessible and possible with the implementation of POS terminals in the retail network.
The post Cyclebit’s New Project Helps You To Drink Cappuccino And Make Payment In Cryptocurrency appeared first on OWLT Market.
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