Major US Grocery Chain Kroger Ditches Visa and might be on the way to accepting Bitcoin. US grocery chain, Kroger, recently banned Visa from a regional supermarket in protest of the payment processor’s “excessive transaction fees.” Kroger announced that hundreds of stores and fueling stations would halt Visa payments in April. However, the story has taken a surprising turn, with Kroger representatives reportedly considering Bitcoin’s Lightning Network as one potential alternative payment system.
Kroger And Bitcoin Maybe?
Bitcoin evangelist and popular podcast host Anthony Pompliano got the ball rolling when he said that his team was willing to fly to meet Kroger executives to discuss the use case of Lightning Network-enabled Bitcoin as a low-fee alternative to Visa.
Grocery store @kroger is stopping acceptance of @Visa in over 250 stores because of network fees.
Who knows someone on the leadership team there?
The Morgan Creek Digital team will fly to meet them and get them hooked up with the Lightning Network nationwide. 🔥🙏🏽
— Pomp 🌪 (@APompliano) March 2, 2019″
Pompliano then updated his nearly 200,000 Twitter followers on March 3, revealing that he had personally spoken to a Kroger Digital representative about helping the grocery chain add crypto payments.
roger is reportedly considering Bitcoin as a payment option, with Anthony Pompliano updating Twitter followers yesterday to state that he had spoken personally with Kroger Digital representatives. He added that it looked like “things are progressing,” praising the forward-thinking mentality of the major retailer.
Just finished up first call with someone on Kroger Digital team.
World-class, forward thinking crew.
Looks like things are progressing.
Stay tuned 🙏🏽
— Pomp 🌪 (@APompliano) March 3, 2019
The acceptance of Bitcoin among hundreds of supermarkets and fueling centers would, of course, be huge for the cryptocurrency industry.