Bitcoin every day. around the world, Bitcoin (BTC) and cryptocurrencies are becoming more accessible to everyone. With a new one bull run (bull market) that is about to begin, digital asset owners may want to indulge, especially as Christmas approaches. And that’s good because users Binance Pay they will be able to spend their crypto in the department stores Spring.
Binance Pay and Lyzi enable Bitcoin and Cryptocurrency payments on Printemps
Owning cryptocurrencies is good, but spending them wherever you want is even better! This November 20, French fintech Lizzyfounded in 2022, announces its connection with the payment system Binance Pay (from the famous crypto-exchange of the same name) enable crypto payments in stores Spring.
Customers of Printemps stores can now “pay with cryptocurrency for their purchases of fashion, beauty and lifestyle items in one of 20 stores » brands in France. Among the cryptoassets that can be paid for purchases, of course, there will be bitcoinbut also Ethereum (ETH) a stablecoins like EURI andUSDC.
“We are proud to be the first department store chain in Europe to offer this option to our local and international customers. By partnering with Binance and Lyzi, we’re improving our customers’ shopping experience and adapting our services to the needs of today’s connected consumers using the latest Web3 solutions. »
Emmanuel Suissa, Director of Partnerships at Printemps
Quick and easy payments for customers and no fees for merchants
On the customer side, to make a payment, just open the Binance app on your smartphone and scan the QR codeand then select the cryptocurrency they want to use to pay for their purchases.
On the merchant side, they benefit from fast and secure direct debits, and these crypto payments are converted to eurosreturned within 24 to 48 hours. and above all, for free.
“As payment options for individuals continue to evolve, we are proud that our technology supports a French brand as iconic as Printemps. This initiative demonstrates the possible synergy between luxury distribution and innovative financial solutions, offering an enriched shopping experience. »
David Princay, CEO of Binance France
Now it is clear that cryptocurrency payments are starting democratize in France. Today with the Printemps brand and in recent months with Carrefour stores that have started accepting bitcoins through the Lightning Network. Next step: make (finally) recognize bitcoin as a currencyso that we no longer have to pay capital gains taxes on each payment.