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Ukrainian Pharmacy Chain Introduces Cryptocurrency Payments – Bitcoin News

Ukrainian Pharmacy Chain Introduces Cryptocurrency Payments

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A large Ukrainian pharmacy chain has started accepting cryptocurrencies through Binance Pay. The new payment method will be available online, says the company, which has hundreds of pharmacies in the war-torn Eastern European country.

The pharmacy offers Ukrainians the opportunity to pay with crypto using Binance Pay

Customers of the Ukrainian pharmacy chain ANC can now buy medicines and other products with several cryptocurrencies. The new payment option will be available starting Tuesday, the company announced, claiming it is the first pharmacy chain in Europe to offer it.

3.1. from now on you can enjoy instant payments when buying pharmacy products. In it is possible to pay for orders with cryptocurrencies!

Coin transactions are processed through the Binance Pay payment system, developed by the world’s largest digital asset exchange by trading volume. It allows users and businesses around the world to spend, send and receive over 70 digital currencies such as bitcoin.

To take advantage of the service, customers must download and install the Binance app, go to the ANC website, place an order and cover the bill with Binance Pay. Then they can receive the products or pick them up at any store in the chain.

ANC maintains a network of pharmacies under its brand name and connects several other Ukrainian chains such as Blagodiya, Kopiyka and Shar@. It has stores in more than 130 cities of Ukraine and has more than 7 million customers annually. Crypto payments will initially be available in the capital, Kyiv.

Over the past few years, Ukraine has established itself as a regional leader in crypto adoption. Since Russia launched its offensive in late February, the country’s government and volunteer organizations have relied on cryptocurrency donations for defense and humanitarian initiatives that have also been supported by industry.

Binance Pay has used other Ukrainian companies to enable crypto payments. In September of this year, Varus, a supermarket chain with more than 100 stores in Ukraine, integrated a payment system to offer its customers in Kyiv, Dnipro, Zaporizhzhia and other cities the opportunity to use coins for groceries.

And in August, Ukrainian tech shops Tehnoezh and Stylus introduced crypto payments through Whitepay, a similar payment platform developed by Whitebit, a Ukrainian cryptocurrency exchange.

Tags in this story

ANC, Binance, Binance Pay, crypto, crypto adoption, crypto payments, cryptocurrencies, cryptocurrency, cryptocurrency payments, drugstores, drugstores, pharmacies, shops, Ukraine, Ukrainian

Do you expect more Ukrainian companies and sectors to adopt cryptocurrency as a payment option? Let us know in the comments section below.

Lubomir Tassev

Lubomir Tassev is a journalist from Eastern Europe who likes the Hitchens quote: “Being a writer is who I am, not what I do.” In addition to encryption, blockchain and fintech, international politics and economics are two other sources of inspiration.

The authors of the picture: Shutterstock, Pixabay, Wiki Commons, Andrey Abryutin /

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