as they offer a 20% discount when paying with it (until end of the year).
Based on what I've read
[including your succeeding posts], once that promo ends, I don't think they'd be experiencing a significant number of
BTCitcoin transactions in their chain stores!
Howver, my concern is what might actually discourage people is the transaction fees in doing these payments.
Judging by your history, I have to mention there's a big difference between Ethereum fees and
BTCitcoin fees: "
See for yourself"
- If you give back a product, refund will be in fiat (pesos)
Cheeky little bastards!
but is this some sort of partnership with Bitpay and the supermarket?
I couldn't find an official statement, but on some websites, they've listed it's the result of a partnership:
e.g.
Am I the only one to think the following:
Since BitPay requires a KYC verification, who's interested to send the personal documents to verify the ID? And to do this, just to pay a retail store? Only a few. On top of that, not everything can be paid with BTC?
You're not alone... It doesn't make much sense!
It is an initiative, maybe it will develop more in the future and KYC requirements should be terminated for small purchases.
IIRC, back in the day, there was no KYC process for small orders, but sometime in the past few years, they decided it was needed
[in other words, I don't think that situation is going to improve]!