French Retail Chain Monoprix to Accept Bitcoin Payments This Year

French Retail Chain Monoprix to Accept Bitcoin Payments This Year

Major French retail chain Monoprix is making plans to start accepting bitcoin payments on its merchant website this year, according to the company's director of e-commerce, Patrick Oualid. Oualid made his comments in an interview published yesterday (8th April) on French news site JDN. When asked why he thought accepting bitcoin payments would be good for his company Oualid explained: "Monoprix has always been a pioneer and sought to bring to its customers what we do not necessarily see elsewhere. For 2,500 years, the Phoenicians sailed the seas to seek different products in the countries....

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Blockchain technology will not only change the way we do payments, it will change the whole trading and settlement topic.

Oliver Bussmann, CIO, UBS