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.
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. ”