Monday, 7 October 2024: From today, Luno customers are able to pay using crypto at over 31,000 merchants in the Zapper payments network across the country, ranging from Dis-Chem pharmacies and FlySafair to fuel stations, educational institutions, bill payments, parking, donations and more. This opens a huge market for South Africans to pay for goods and services using crypto, according to licensed financial service provider and South Africa’s largest crypto investment app, Luno.
Tarris Arnold, Luno’s business development manager, says, “We are delighted to be the first crypto asset service provider in South Africa collaborating with Zapper. This allows our customers to use the Luno app to pay anywhere Zapper QR codes are used.”
“Currently the biggest use case for crypto in South Africa is investment, but the ability to pay at such a wide variety of merchants using crypto is a giant step closer to the original vision of using crypto to pay for goods and services.”
Luno customers can simply use the Luno app to scan any Zapper QR code at merchant points of sale or online to pay using the crypto in their Luno wallets. Payment limits on Luno Pay are up to R100,000 per transaction.
Mike Bryer, CEO of Zapper, adds, “Our mission is to help Zapper merchants grow their businesses, which is why Zapper is one of the most widely used QR code payment solutions in South Africa. By collaborating with Luno, we are expanding our payments ecosystem to add over 5 million more South African users to our network.”
Brandstories Disclaimer:
Brandstories is not liable for the contents of the information published on this platform. The information which subscribers publish on this website is for general information purposes only and Brandstories facilitates the ability for viewers and subscribers to access this platform. Subscribers who publish their content on Brandstories are held responsible for their own content. This includes ensuring that it is factually accurate, grammatically correct, free of spelling errors, and does not contain unsavoury content that could result in legal action. In the case of linguistic translations, the onus is on the client to ensure that the translation is accurate. In no event does Brandstories make representations or warranties of any kind, expressed or implied about the completeness, accuracy, reliability, suitability or availability with respect to the information supplied and published. This website includes links to other websites, including third party websites. Brandstories does not recommend, endorse or support any views that are held by subscribers publishing information, and within these links provided. Furthermore, Brandstories does not have control over the nature, contents and availability of information contained on these sites. Any form of reliance readers and consumers may place on information published on Brandstories is strictly at their own risk. Brandstories makes every effort to ensure that the website is up and running smoothly at all times, however Brandstories does not take responsibility for, and will not be held liable for times when the website is temporarily unavailable due to technical glitches that are beyond our control.
You may also like
-
We stand together against the Press Council’s attempt to clamp down on Independent Media
-
Why Independent Media left the Press Council
-
PCSA is trying to silence dissenting voices
-
Press Council works against ethical journalism
-
Independent Media’s withdrawal from the Press Council: A stand for media freedom