Crypto Short News

South Korean Customers To Use The CHAI App For Offline Payment

CU convenience store BGF Retail, one of the largest retail chains in South Korea is allowing its customers to pay using Cryptocurrency. The retail chain will use a mobile payment app – CHAI. It builds the mobile app on the Terra blockchain platform. Furthermore, customers can pay offline with a stable coin the Korean won only. However, as of now, the app supports no other currency.

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CHAI will add its app support to CU by 2019 end. Han Chang-Joon, CEO of Chai Corporation, said, “We are pleased to provide simple difference payment service to BGF Retail, which has 13,500 stores nationwide. It will maximize consumer benefits. ”

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Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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