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Ukrainian Retailer VARUS Partners with Binance Pay to Launch Crypto Payments

Annie Li   Sep 17, 2022 08:00 1 Min Read


   

On September 16, Binance announced on its official Twitter page that it has cooperated with Ukrainian food chain retailer VARUS to launch cryptocurrency payments.

Customers can now order groceries online and pay their bills through the Binance Pay wallet.

Binance said the move will allow the community to enjoy seamless crypto payments with fast delivery across the country of Ukraine. Major cities that will be served include the capital Kyiv, Dnipro, Kamiansk, Kriverich, Zaporozhye, Brovali, and Nepal Cities such as Kopol, Vishhorod, and Pavlograd.

Varus is Ukraine's largest chain-owned retailer with more than 100 supermarket stores in Ukraine and became the first supermarket in Europe to accept Binance Pay.

Users can visit the Varus website by downloading the Binance app, selecting the products they want to buy, and sending digital currency from the Binance Pay wallet to pay for the relevant goods.

Retail space accepting cryptocurrency is steadily increasing, a piece of evidence that shows that the crypto market is continuing to grow.  

This April Merchants on Shopify, a global e-commerce giant, will have the option of receiving Bitcoin off-chain payment through the Bitcoin Lightning Network after sealing a deal with Strike. Shopify further expanded crypto payment options through a partnership with Crypto.com so its merchants can accept cryptocurrency payments from customers through Crypto.com Pay.

The Canadian e-commerce giant will now give its merchants the option to accept payments in more than 1,000 cryptos.

BigCommerce announced a strategic partnership with cryptocurrency providers BitPay and CoinPayments to deliver crypto payment solutions to BigCommerce merchants in select countries.


Image source: Shutterstock

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