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Author Topic: Supermarket Accept Bitcoin  (Read 12231 times)
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October 16, 2017, 01:28:46 AM
 #21

You're honestly better off using your credit card or cash if you're going to a supermarket, honestly. While Bitcoin could be used for point of sale transactions, it's far from optimized. It's much better for online transactions.

I think it is practically right, because as of now the business sectors are still hesitant to open most of the door to cryptocurrency as the government is even the one should recognized it first.

If the legality of bitcoin be sealed and support of the government and the people towards bitcoin is visually feel those businesses will have no other choice but to upgrade/update and making bitcoin as a payment in supermarkets and Malls (not mole).
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October 16, 2017, 03:24:43 AM
 #22

You're honestly better off using your credit card or cash if you're going to a supermarket, honestly. While Bitcoin could be used for point of sale transactions, it's far from optimized. It's much better for online transactions.

Yes, but we don't have many online shopping malls in online in that many shopping malls are not sending the products accurately. People always need to spend their money in direct shopping malls only by spending through credit and debit card.

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October 16, 2017, 03:31:49 AM
 #23

You're honestly better off using your credit card or cash if you're going to a supermarket, honestly. While Bitcoin could be used for point of sale transactions, it's far from optimized. It's much better for online transactions.

Yes, but we don't have many online shopping malls in online in that many shopping malls are not sending the products accurately. People always need to spend their money in direct shopping malls only by spending through credit and debit card.

because the online shopping malls don't apply bitcoin for their payment and only accepting credit card so we can not use our bitcoin to shop. but soon after bitcoin is every where, we can use the bitcoin to pay for something that we could buy. the best thing that we can do is we are cash out the bitcoin to fiat and then we can use it to buy in supermarket around us and this is what i am doing now when i need something in my daily life.

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October 16, 2017, 07:58:10 AM
 #24

in my country only supermarket not support bitcoin or ATM or prepid cards
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October 16, 2017, 08:56:52 AM
 #25

Is there any Supermarket or Moles Accept Bitcoin near you ?
None, I don't know if how many supermarkets or if there is a supermarket that is willing to adopt bitcoin. And I doubt it because supermarkets here are big corporation and they do prefer credit cards and cash instead of accepting bitcoin because they don't literally know as of now what bitcoin is.

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October 16, 2017, 10:09:14 AM
 #26

I have never seen a number of malls or shopping malls like store stores, which accept payments using bitcoins, as they are more likely to receive payments using cash or credit cards, perhaps because bitcoin have not been so popular in my neighborhood, maybe one day there will be can accept payments using bitcoin, if the shop owner knows and understands bitcoin, so he provides payment using bitcoin at the store he owns

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October 16, 2017, 12:09:44 PM
 #27

And I doubt it because supermarkets here are big corporation and they do prefer credit cards and cash instead of accepting bitcoin
No. Super markets are high volume selling 'machines', and credit cards cost the merchant up to 3% in fees per transaction. Imagine to what number of fees in fiat this adds up after a full year. If merchants, no matter what industry they operate in, know that through a Bitcoin payment processor such as Bitpay they just pay 1% in fees, it would be an easy choice for them to go with Bitcoin.

because they don't literally know as of now what bitcoin is.
That's indeed a problem, and in case they do know what Bitcoin is, they don't see anything in accepting Bitcoin due to the volatility. They however don't know that with a service such as BitPay, the merchant in question doesn't need to care about the volatility at all. It's the lacking understanding of what's possible that keeps them away.

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October 16, 2017, 01:16:46 PM
 #28

And I doubt it because supermarkets here are big corporation and they do prefer credit cards and cash instead of accepting bitcoin
No. Super markets are high volume selling 'machines', and credit cards cost the merchant up to 3% in fees per transaction. Imagine to what number of fees in fiat this adds up after a full year. If merchants, no matter what industry they operate in, know that through a Bitcoin payment processor such as Bitpay they just pay 1% in fees, it would be an easy choice for them to go with Bitcoin.

But who knows, they are business they are into higher fees so even if you are a loyal customer to them and suggesting a good payment processor.  Do you think they will care for saving their customers for fees?

because they don't literally know as of now what bitcoin is.
That's indeed a problem, and in case they do know what Bitcoin is, they don't see anything in accepting Bitcoin due to the volatility. They however don't know that with a service such as BitPay, the merchant in question doesn't need to care about the volatility at all. It's the lacking understanding of what's possible that keeps them away.

There's no such merchant in supermarkets, we call it merchandisers who are the ones that are putting their products in the supermarkets and I don't really think they'll know about bitcoin since they are in the retail business.

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October 16, 2017, 01:43:21 PM
 #29

If there is a supermarket that is willing to accept bitcoin as a means of payment, of course this will be very enjoyable. I no longer need to bring cash as a means of payment of course just enough to bring gaget in my pants pocket I was able to shop anything I want. but until now in my country there are no supermarkets that rely on crypto technology as a means of payment, so hopefully it can be realized in the future and if this is true to be true of course this is a new breakthrough on how to transact anywhere and anytime. but the problem is how with elderly parents I think they will have trouble with this, I think this needs to be thought again to overcome it

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October 16, 2017, 03:50:25 PM
 #30

I'm afraid that it's too difficult to find out a supermarket that accept Bitcoin for payment cause Bitcoin is just legalized in few countries so if you want to find out one supermarket you should try in these countries. In my country there are no supermarket or shop accept Bitcoin for payment cause it's not legalized in here but I can easily exchange it into cash in just few minutes. But luckily I've found out 1 restaurant that accept Bitcoin and other cryptocurrency for payment in the city I'm living and I'll go to this restaurant if I have chance Smiley)
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October 16, 2017, 04:13:20 PM
 #31

This is a future I dream of, a world where bitcoins can be spent almost everywhere and we don't need to convert to fiat any longer. That's really a dream land for me. I guess it won't happen yet in the near future, or maybe it would just be a dream. I do believe the conventional money will be replaced, though I am not sure if bitcoin will be its replacement.

Sadly it is not going to be btc. If btc (or any coin) should dethrone cash/credit card, they need instant transaction / confirmation and zero fee, or at least so low a fee that you can buy a gum in a store, and not get killed by fee. 95% of all coins have no chance in that way. In fact the whole block chain technology is flawed for use with minor daily usage.

And while we are at it, all the focus on anonymity and security, f… that! Those that want to be anonymous and secure is going to find a way to do that, they are doing it right now, all the rest does not give a shit!
Credit cards, half the planet use credit card. All it takes is a photo of front and back with your smartphone in 8 sec and you can shop on the internet. Still you gladly hand the waiter your card at the restaurant or let the wife/husband/grown kid/ whatever burrow your card, - with code – because it’s just a “special fast” situation. You are your own security blacksmith; no amount of system is going to compensate for stupidity, and we do it, all the time, everyone. How hard is it to put a tiny little sticker over your security code on your credit card? Right there you have just increased your security by a factor 10!

And why is credit cards used by half the planet…… drum role……. fee! Or rather, the lack of it. Sure some cards have fee, while other don’t. But I can still buy a coke and not be killed by fees.

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October 16, 2017, 04:17:18 PM
 #32

Is there any Supermarket or Moles Accept Bitcoin near you ?
at this time there is no supermarket near me that accept payment method using bitcoin. but seeing the development of bitcoin is so good and has many people know and use bitcoin, I think it will happen quickly.

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October 16, 2017, 04:22:51 PM
 #33

It would be nice if there are a number of malls or shopping centers such as store shops, supermarkets that want to receive Bitcoin as a means of payment,

I no longer need to bring cash as a means of payment, bring a gaget so I can shop anything I like. In my country there is no Supermarket that accepts payments through Bitcoin,

Hopefully this can be realized for the future in my country,
and if this is true of course this is a new breakthrough how to transact through Bitcoin



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October 16, 2017, 04:37:19 PM
 #34

Unfortunately I don't have any super market near but in the whole country which accepts bitcoin as a payment. Nor do I know about any of them internationally which accepts bitcoin. There may be a possibility in Japan but honestly speaking it is just a guess and nothing more.
I think people would not like to pay bitcoin directly in any of the supermarket like places where they had to pay the extra charges in form of the transaction fee.
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October 16, 2017, 07:35:02 PM
 #35

To answer the question I don't have any supermarket or mall that accepts bitcoins, this is the first time I see someone asking this question here. Supermarkets have to many products, and many of them need have expiration dates. This products that are not sold are being returned. With bitcoin fluctuations it's hard to set up all this everyday, there is many distributors, companies, little firms that deal with supermarkets, and on all that add that they need to have all paper's clean for paying taxes, SL government regulations here are very important.
I believe its possible that Japan have some supermarket that accepts bitcoins, they are more advanced then rest od the world, other countries are far from that.


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October 16, 2017, 08:36:45 PM
 #36

But who knows, they are business they are into higher fees so even if you are a loyal customer to them and suggesting a good payment processor.  Do you think they will care for saving their customers for fees?
It's not about the customers to save on fees, I am talking about merchants having to pay the fees of up to 3% per transaction. Imagine how that is if you as super market have a turnover of $100 million annually, where that number is far higher for the larger super markets. It means that you just 'burn' 3% of your sales, while with Bitcoin, this could be done with just 1%, which saves them a minimum of $2 million each year as per this example. If you want to give people more incentive to make use of Bitcoin, you could even offer them a discount of like 0.5% of their entire purschasing amount. It would then lift the total fee per transaction to 1.5%, but is still far lower than when people end up using their credit cards.

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October 16, 2017, 08:58:07 PM
 #37

for now in my country there is no supermarket that accept payment using bitcon. because in my country most use of bitcoin just as a saving and investment only.
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October 16, 2017, 09:02:28 PM
 #38

There're no shops, which accept bitcoins as payment, in my city, but there's hookah place, where it's possible Cool Wink Roll Eyes
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October 16, 2017, 10:02:57 PM
 #39

Is there any Supermarket
In my country I haven't found that one as there's no news about the adoption of supermarkets that are going to accept bitcoin for the payment of their groceries. But I would love to try it out if there will be some of it but I'll limit myself since I'm a bad spender of my own bitcoin.

Moles Accept Bitcoin near you ?
What moles do you mean? Is this the animal one that digs up land? Anyone understands what this mole he's talking about?

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October 16, 2017, 11:05:00 PM
 #40

No, we don't have any supermarket that accepts bitcoin here, but we have bitcoin ATM in the mall so if you want to spend your bitcoin you may convert your bitcoin to the cash first then spend them. But I heard there are so many services like bitcoin visa debit card where you can buy literally anything, I don't have any experience with that card before but if this method really works well I think we don't need the merchant to accept bitcoin.

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