Now you can buy Coca-Cola with Bitcoin
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Answer Now you can buy Coca-Cola with Bitcoin
Coca-Cola vending machines are now beginning to accept payments in Bitcoin, which is a clear sign that the volatile digital currency is beginning to gain a real niche in everyday life.
Centrapay, a digital payments startup based in Auckland, New Zealand, has signed a partnership agreement with Coca-Cola Amatil (CCA) to enable consumers to use Bitcoin and other cryptocurrencies at nearly 1,200 vending machines in Australia and New Zealand.
Vending machines equipped with QR code scanners will accept digital currency payments issued by the smart wallet app of New Zealand company Sylo.
Sylo Wallet is an application that combines voice calls, texting and a digital wallet.
Users can make secure audio and video calls, send text messages, send and receive cryptocurrencies through the chat box, and store bitcoin and other altcoins.
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I told CCA said that it has been building the infrastructure to accept mobile wallets for several years, and its statement is as follows:
We originally implemented QR codes to serve Alipay and WeChat Pay customers in tourist hotspots.
We want to make sure that customers can transact with us in their preferred currency, so accepting digital currencies is the next step for us as digital assets become more popular.
Centrapay CEO Jerome Faury says cryptocurrency transactions reduce physical contact with vending machines, which is a major concern for consumers during the coronavirus pandemic.
People only need to touch the vending machine once, when they start the buying process.
CCA is paid in Australian or New Zealand dollars at the time of the transaction, Centrapay calculates the exchange rate, so the mobilizer is not exposed to cryptocurrency fluctuations.
CCA said it will work with Centrapay to make the technology available in other markets, and told:
We’ve now shown how it can operate in Australia and New Zealand, and we look forward to growing the business globally.
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We have established a presence in North America and will then target the US market with some of the world’s first innovations.
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