App support will be added at CU by the end of 2019 following a partnership between CHAI and convenience store operator BGF Retail, which owns the stores in question.
Per the release, CHAI will also offer low transaction fees to merchants and ongoing 5-10% discounts to shoppers thanks to seigniorage resulting from growth in Terra’s stablecoin economy. The announcement also claims that the app “is integrated with seven mainstream eCommerce platforms, with its user base exceeding 450,000.”
Terra also added South Korean music streaming platform Bugs to its e-commerce alliance and business-to-business fashion platform Sinsang Market.
Bitcoin acceptance at French retailers
Support for Bitcoin (BTC) payments will launch at over 25,000 sales points for 30 French retailers following a partnership between point-of-sale technology provider Global POS and EasyWallet application and payments platform Easy2Play.