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Cryptocurrency News Articles

One of Zug, Switzerland’s Spar Supermarkets Has Begun Accepting Bitcoin

Apr 20, 2025 at 03:00 am

This supermarket outlet in Zug has recently been added to the BTC Map, a community-powered platform that monitors businesses across the globe that accept Bitcoin payments

One of Zug, Switzerland’s Spar Supermarkets Has Begun Accepting Bitcoin

One of Zug, Switzerland’s Spar supermarkets has begun accepting Bitcoin as a form of payment. The move is a big development for the global grocery chain with almost 14,000 stores catering to nearly 15 million customers every day.

This supermarket outlet in Zug has recently been added to the BTC Map, a platform that monitors businesses across the globe that accept Bitcoin payments, as reported by DFX.swiss, a Switzerland-based cryptocurrency startup. The system supports payment through Bitcoin Lightning Network technology, and customers can make payments by merely scanning a QR code.

Rahim Taghizadegan, a bitcoin economist and the leader of the Bitcoin Association Switzerland, was a guest at the shop and verified the system functions correctly. In a video posted on LinkedIn, he explained how clients can pay using the cryptocurrency.

Technical Solution Makes Transactions Quick

The payment system operates on the OpenCryptoPay protocol, created by DFX.swiss to support real-life crypto transactions. The system harnesses the peer-to-peer features of the Bitcoin Lightning Network, which accelerates transactions and makes them more feasible for use in retail outlets.

Switzerland has emerged as a hotbed of cryptocurrency acceptance, with more than 1,000 businesses accepting Bitcoin payments. The Swiss city of Lugano went as far as legalizing BTC and USDT as legal tender back in 2022, and lately, added a statue dedicated to the anonymous founder of Bitcoin, Satoshi Nakamoto.

Global Adoption Gaining Momentum

Although the Bitcoin payment option is now only offered at one Spar store, any rollout to the chain’s international network could have a massive impact on cryptocurrency usage in day-to-day shopping. Spar has an international presence in 48 countries, which means it has potential to bring millions of customers into contact with cryptocurrency payment.

Bitcoin at the checkout? It’s happening. SPAR supermarket in Zug, Switzerland is now accepting Bitcoin via Lightning Network. ✅ Scan QR ✅ Pay in seconds ✅ No card, no cash

If this clicks, 13,900+ SPAR stores in 48 countries could follow. Retail just got a crypto upgrade.

— efiletax (@efile_tax) April 18, 2025

This move continues an increasing pattern of Bitcoin uptake among retail businesses across the globe. Pick n Pay, which operates as one of South Africa’s largest food grocery chains, accepted digital currency as of 2022. Sports car maker Ferrari is also on board with taking cryptocurrency payments, exhibiting adoption through numerous market sectors.

Education Sector Also Embracing Cryptocurrency

According to last week’s reports, the trend is extending beyond retail and high-end merchandise. Lomond School in the United Kingdom revealed that it would accept tuition fees in BTC from autumn 2025, introducing cryptocurrency payments into education.

As institutions and more businesses incorporate cryptocurrency payments, customers could find crypto used as a standard choice to make payments instead of the traditional way. The Spar rollout in Switzerland might be a pilot for other markets within the grocery chain’s wide network.

The move by Spar to bring this payment mechanism to Switzerland reaffirms the welcoming attitude of this nation toward innovations in cryptocurrency. With the endorsement of a reputable global retailer like Spar, Bitcoin continues its transition from being fundamentally an investment currency to a practical currency for everyday shopping.”

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Other articles published on Apr 28, 2025