Crypto Pay Adoption Skyrockets in Spanish-speaking countries! Crypto pay adoption is booming in Spanish-speaking countries, especially in South America, with Venezuela leading the charge.
According to Venezuelan government claims, 93 commercial establishments in the country accept its oil-backed, state-issued Petro digital token. A Spanish travel agency claims that over 7% of its customers paid using Bitcoin in 2018 and have since added more crypto pay options.
A state media report also claims that Venezuela’s Sunacrip national cryptocurrency agency claimed that 36 Traki department stores accept Petro payments, and all 22 outlets of the Local Committees for Supply and Production chain (known locally as Clap) also welcomes Petro pay.
Clap is widely used to provide door-to-door delivery services – groceries, household goods, clothing, and electronics included.
The Sunacrip chief has also said that more and more establishments are accepting Petro – from fast food chains to clothing stores. Numbers have not been provided to back this claim.
Reports have also been circulated that state-owned Banco de Venezuela (a former affiliate of Santander) has opened Petro-only teller counters for its customers. A Twitter account run by a pro-crypto media group in Venezuela posted a video on Twitter showing Banco de Venezuela’s flagship branch in Caracas with a Petro Counter.
While there have been people who have doubted the validity of a Petro Counter at the bank, Sunacrip claims that they’ve confirmed the development. They’ve even gone as far as suggesting that Banco de Venezuela would be launching Petro-only counters at all of its flagship branches in Venezuela’s 23 states.
According to claims from the Venezuelan government, Petro is slowly gaining international approval. This is a claim which stands in stark contrast to threats of sanctions and companies that back and deal in the oil-backed token by the United States, who has also declared a de-facto ban on the cryptocurrency.
In Spain, CIO reports that travel agency Destinia has begun accepting payments in Bitcoin Cash, EOS, Litecoin, Ethereum, and Dash. Destinia was the first travel agency in Europe to accept Bitcoin starting in 2014.
Destinia plans on opening the door for more cryptocurrencies to be used as payments. Using Destinia, customers can use cryptocurrency as a method of payment for all flights, train bookings, hotels, and travel packages that the travel agency offers.
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