One of the largest supermarket chains in Mexico accepts Bitcoin…Details here

One of the largest supermarket chains in Mexico accepts Bitcoin…Details here

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Answer One of the largest supermarket chains in Mexico accepts Bitcoin…Details here

Despite the declining performance of the price of Bitcoin and other altcoins, the adoption and expansion of the use of crypto in daily transactions continues.

In a new statement from Elektra, one of the major supermarket chains in Mexico, an announcement was made that Bitcoin was accepted to the collector of fiat currencies.

To process cryptocurrency payments, the company has partnered with BitPay.

Elektra joins the crypto club:

The giant became the first retail store in Mexico to accept Bitcoin as a payment method.

The company explained that customers who pay for their products in bitcoin can apply for a 20% discount on their bills.

Read:Ghana intends to launch a digital electronic currency soon

The offer is valid until the end of December.

Despite the many advantages of cryptocurrencies, they are also known for their volatile nature.

With this note, the retail chain has confirmed that any return or cancellation made after the BTC payment is completed will result in a refund in MXN for the same amount paid in the initial transaction.

Elektra warned of the risks related to dealing with digital assets, and said that it should not be held accountable for any losses, fraud or mismanagement, as its statement was as follows:

The User accepts and understands that the access, use and security of his Wallet is the sole responsibility of the User and Elektra shall not be liable at any time, and shall not be liable for the access, use and security of the User’s Wallet.

It is worth noting that Elektra was founded in 1950, and has more than 1,100 locations in Mexico.

It also extends to the United States, Guatemala, Honduras, Peru, Panama and El Salvador.

Interestingly enough, Elektra owner Salinas Pliego is one of the biggest proponents of Bitcoin who has shown his support for the digital asset sector several times.

Read:What is the expected amount to earn in Ethereum staking rewards?

A few weeks ago, he advised investors to enter the Bitcoin ecosystem as soon as possible.

Salinas Pliego, known as the third richest person in Mexico, has described the primary cryptocurrency as the new digital gold.

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