In some countries, bitcoin does not get recognition as an official payment method. However, it's not impossible if you want to buy things with Bitcoin because some stores accept payments using Bitcoin, including a grocery store. There are several grocery stores that accept bitcoin that you can use as a reference.
Most of these grocery stores are in the United States, although some are from Croatia, Canada, and England. Apart from bitcoin, some grocery stores also accept other cryptocurrencies. Before you know the 7 grocery stores that accept bitcoin, consider the following explanation of bitcoin and grocery stores:
Bitcoin and Grocery Stores
Cryptocurrencies are digital assets designed to work as a medium of exchange using cryptography. There are various types of cryptocurrencies, namely bitcoin, ethereum, litecoin, ripple, stellar, dogecoin, Cardano, eos, and Tron. The most popular cryptocurrency is bitcoin because its market cap and value are always increasing.
Even so, bitcoin is not yet common enough to be used in physical retail stores so it is unlikely that you will be able to shop at a grocery store using bitcoin. However, now in the United States and some countries, consumers can shop for local groceries using bitcoin.
Some local grocery stores use bitcoin because it offers unique benefits to consumers. For example, there is the potential for faster and more cost-effective remittances. Then, consumers also have more choices of payment methods that will make it easier for them.
For grocery stores, bitcoin can bring in more potential consumers and can expand the market. This is because many consumers want to use the bitcoins they have to fulfill their daily needs.
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Grocery Stores That Accept Bitcoin
You already know how bitcoin and grocery stores are interrelated and mutually beneficial. Therefore, there will be more grocery stores that use bitcoin as a payment method. Here are 7 grocery stores that accept bitcoin that you should know:
Now you can shop at USAFoods and pay with bitcoin. USAFoods allows its customers to pay using bitcoin because they are committed to making it easier for their customers to pay. Bitcoin is a payment system on an international scale which will certainly make it easier for consumers to make payments, especially because of the pandemic. Bitcoin payments tend to be easy and impossible to fraud. Then, bitcoin is fully irreversible in one hour once confirmed.
So, if you use bitcoin when shopping at USA Foods, you will avoid fraudulent credit card payments that will harm you. However, this payment service will charge USAFoods, which can increase the price of your item. Paying with bitcoin is also faster, less than 5 minutes.
If you send a USAFoods payment QR code to your family or friends in the US, they can send bitcoins to that address and pay for your order as a gift from overseas in an instant. Moreover, you do not need to provide any personal information when transacting with bitcoin.
One of the grocery stores that accept bitcoin is MannVend. In case you didn't know, MannVend is the oldest supplier of catering equipment and beverages on the Isle of Man. MannVend specializes in manufacturing coffee machines throughout Europe, such as coffee vending machines, espresso machines, food vending machines, and eco-friendly machines.
Then, MannVend expanded its business into a daily necessities store that sells sweets and snacks, coffee, tea, milk products, syrups and sauces, soups, and many others. MannVennd now allows its customers to pay using bitcoin because bitcoin makes transactions faster and more effective, making it easier for consumers to make payments.
3. Edmonton Grocer
If you are in Canada, you must be familiar with Edmonton Grocer. This grocery store sells many products to meet your daily needs, such as food, personal care, pharmacy, health, pet care, baby needs, and household needs.
There are tens of thousands of products at your fingertips and you just have to wait for them at home. In addition, this grocery store also has many payment options, such as e-transfer, PayPal, and bitcoin. Then, your order will be dispatched and delivered to your doorstep.
4. Whole Foods
It is one of the grocery stores that accept bitcoin. Whole Foods is one of the most popular organic grocery stores in the world and operates in the United States, United Kingdom, and Canada. Many products are marketed, such as snacks, beverages, supplements, body care, and others. Moreover, Whole Foods ranks 214th in the Fortune 500 Rank in the food and drug stores industry.
Whole Foods has more than 470 stores and will continue to expand. This grocery store often makes innovations that make it easier for consumers; one of the innovations is to accept bitcoin as a payment method. Whole Foods partners with Winklevoss Flexa dispensing app "Spedn". So, if you use the Spedn app, you can pay for all products at Whole Foods using bitcoin, Gemini dollars, or Litecoin without any problems.
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5. Product of Italy
This grocery store sells the most authentic Italian specialty products made in Italy by Italian farmers and producers using only the best Italian ingredients. There are many products for sale, such as oil, vinegar, pasta and grains, spices, pasta sauce, and others.
Product of Italy accepts all major credit cards including MasterCard, Visa, Discover, and American Express. In addition, Product of Italy also accepts PayPal. Starting July 2017, this grocery store accepts bitcoin as a payment method.
6. La Vita Pazza
This grocery store sells imported Italian products of high quality, for example from pasta, tomato sauces, fresh pasta, cured meats and cheese, grains, wine, soft drinks, and others. In addition, La Vita Pazza also provides vegan products that are useful for you.
Moreover, it is one of the grocery stores that accept bitcoin. In addition, La Vita Pazza also accepts other cryptocurrencies, such as Ethereum, LiteCoin, and Bitcoin Cash. There are many payment methods available to make transactions faster, easier, and more effective for the consumer.
This is the biggest grocery store chain in Croatia. Moreover, Konzum is one of the grocery stores that accept bitcoin and other cryptocurrencies, such as bitcoin cash, USD coin, ethereum, tether, EOS, ripple, dai, and stellar. Although the decision of the Croatian authorities to regulate cryptocurrencies is still unclear, Konzum is committed to following global trends, setting standards in the retail sector, and introducing innovation.
However, currently, crypto payment options are only for online purchases and will expand to retail purchases as well. Moreover, to enable new crypto payment options, Konzum partnered with a local crypto payment processor, Electrocoin.
There are 7 grocery stores that accept bitcoin that you can use as a reference. Although some countries have not recognized bitcoin as an official payment method, the innovation of payment using bitcoin will benefit consumers and grocery stores. Therefore, in the next few years, there will be more grocery stores that use cryptocurrencies including bitcoin as a payment method.***
7 Grocery Stores That Accept Bitcoin As Payment