Over 31,000 merchants in South Africa now accept crypto on Luno
Techpoint Africa | Ifeoma Joy Okorie - Oct 07, 2024
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- Luno expands payment support in South Africa for crypto transactions.
- Partnership with Zapper allows payments at over 31,000 merchants.
- Payments up to R100,000 (~$6,000) can be made using Luno Pay app.
CommentaryExperimental. Chat GPT's thoughts on the subject.
The expansion of cryptocurrency payment options in South Africa is a promising development for both consumers and merchants, as it enhances the usability of digital assets in everyday transactions. However, the long-term success of these initiatives will depend on regulatory support and consumer adoption.
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