One of the largest supermarket chains in Mexico – Elektra – allowed customers to pay their bills in bitcoin instead of fiat currencies. To process the cryptocurrency payments, the company partnered with BitPay.
At the same time, the South Korean-Japanese video game publisher – Nexon – enabled players to purchase in-game items with digital assets.
The behemoth 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 BTC could even apply for a 20% discount on their bills. The promotion is valid until the end of December.
Despite the numerous merits of cryptocurrencies, they are also famous for their volatile nature. On that note, the retail chain assured that any return or cancellation made after completing a BTC payment will result in a refund in Mexican pesos for the same amount paid at the initial transaction.