Brazilian wine club known as Wine is accepting bitcoin as payment on its mobile application and hopes to extend functionality to desktop and mobile sites.
Brazilian wine club known as Wine is accepting bitcoin as payment on its mobile application and hopes to extend functionality to desktop and mobile sites.
- Wine, a Brazilian wine club, is now accepting bitcoin as payment for purchases within its mobile app.
- The payment processing integration was achieved through a partnership with Redecoin, a subsidiary of SFC Brazil Group.
- Wine hopes to extend the functionality of bitcoin payments to its desktop and mobile website, as well as future Wine services.
A Brazilian wine club by the name of Wine[1] is allowing its customers to make purchases via their mobile app with bitcoin, the Consumidor Moderno reported[2].
Once customers choose the products they would like to purchase they will be taken to a checkout screen that shows bitcoin as a payment option. Once selected, a QR code will appear allowing customers to use the Bitcoin Lightning Network as an instantaneous payment method.
The integration allowing bitcoin to be used as payment was accomplished by Redecoin, a fintech service provider under parent company SFC Brazil Group.
"Our intention is to popularize the use of cryptocurrencies in the daily lives of Brazilians and this partnership puts us on the right track to achieve this goal," said Armin Altweger, CEO of the SCF Brazil Group.
The innovation and adoption of bitcoin and other cryptocurrencies SCF Brazil Group seeks was shared by Wine as its Director of Technology, Clayton Freire stated:
"We know that consumers are increasingly connected and cryptocurrencies are already part of the daily lives of most of them. We decided to invest in this innovation to
