One of Venezuela’s largest pharmacy chains has begun to accept crypto payments as a result of a partnership with Panda Exchange.
The Farmarket retail chain is currently experimenting with the Dash (DASH) focused crypto money payment system and uses a sales application called XpayCash to receive these payments. According to the announcement by Dash Core Group on Monday, XpayCash system will allow users to make instant crypto money transactions. The payment network will be tested at 22 pharmacy points in the next two quarters, and if it receives positive feedback, sales points will be increased.
Officials from the Dash team will provide training at the relevant pharmacies in the first two months of the pilot phase and will be on the field to address any errors that cryptocurrency users may encounter. Although Venezuela is known for its state-sponsored cryptocurrency Petro, very few people use it. For most economic freedom of the people or leaders cryptocurrency Bitcoin ‘s (BTC), or Dash prefers.
Global Payment Option with Dash
Dash, which is used in 4,900 retailers globally, owes half of its users to Venezuela. Much of this success was achieved through a program called DiscoverDash, which Dash began by first adding small companies to it.
Dash Core Group CEO Ryan Taylor said in a statement on the subject:
”We anticipate that our partnership with Panda for Farmarket in Colombia and Venezuela will be an important move in such an economy. The Venezuelan citizens in Caracas will not only pay Dash directly, but their relatives in Colombia will be able to buy any medicine remotely for them and help with health problems. ”
Dash released its new version two weeks ago, and the pace continues to improve.