On August 26, a pharmacy chain in Venezuela called Farmarket revealed it now accepts cryptocurrencies through the payment provider Xpay, a subsidiary of Panda Group. Arley Lozano, Panda Group’s founder, explained how Farmarket’s pharmacy franchise has 22 stores located across the country and machines will allow people to purchase goods and medicine with cryptocurrencies like BCH, DASH, DAI, and BTC.
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Venezuelan Pharmacy Chain Farmarket Starts Accepting Crypto Payments
Over the last few months, Panda Group has been relentlessly pushing for cryptocurrency adoption throughout Colombia and Venezuela. In mid-July, the company deployed 10 hybrid cryptocurrency point-of-sale (PoS) machines that also work as automated teller machines (ATM). Four of the devices are situated near the border of Venezuela, so citizens from the region and those crossing the border can utilize a gateway to digital assets. Panda Group also installed the…