RATE Group | Brazilian Supermarket Chain Starts Accepting Cryptocurrency Payments
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Brazilian Supermarket Chain Starts Accepting Cryptocurrency Payments

Brazilian Supermarket Chain Starts Accepting Cryptocurrency Payments

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The chain will be accepting cryptocurrencies via CoinWISE.

Oásis Supermercados, a Brazilian supermarket chain located in Rio de Janeiro, has recently started accepting cryptocurrency payments after asking a local exchange for information, and training its employees on how to do it.

According to local news outlet Portal do Bitcoin, the chain’s clients in Rio de Janeiro will now be able to pay for their things using Bitcoin, Bitcoin Cash, and Litecoin, according to one of the firm’s managers Douglas Andrade.

Speaking to the local publication Andrade noted that his brother Thiago was the one who came up with accepting cryptocurrency payments, after seeing a video explaining how to do it. After the video peaked their interest, Oásis Supermercados called a crypto exchange to get more information.

The firm reportedly has an annual turnover of $6.5 million and 90 employees, 20 of them cashiers. All of them, Andrade noted, have been trained to accept cryptocurrency payments. He…

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