The Venezuelan pharmacy chain Farmarket will allow customers to pay for purchases using the Dash cryptocurrency, using the proprietary payment system XpayCash of the Panda Exchange.
It is reported that over the next two quarters, 22 pharmacies in the country will launch the XpayCash payment system for paying for medicines with cryptocurrencies. Representatives of the Dash project will train employees on working with cryptocurrencies and the payment system.
The press release notes that Venezuela has become one of the leading countries to adopt Dash. Around the world, there are about 4,900 retail outlets where you can pay with this cryptocurrency, and half of them are located in Venezuela. CEO Dash Core Group Ryan Taylor (Ryan Taylor) said:
“We expect our partnership with Panda in Colombia and Farmarket in Venezuela to be a significant step towards creating a shopping-oriented economy where not only Venezuelans in Caracas can pay in stores using Dash, but also their relatives in Colombia and elsewhere. They should be able to buy medicines from abroad and solve their health problems.”
Venezuela is becoming a very cryptocurrency-friendly country due to the ongoing economic crisis. Recently, the owner of Venezuela’s largest hypermarket chain, Traki, announced plans to host XPOS cryptocurrency terminals developed by Singapore-based startup Pundi X for points of sale in 49 stores.