Swiss Supermarket giant Spar has introduced Bitcoin and cryptocurrency payments across its retail network.
The feature is available through the company’s new mobile app and supports more than 100 cryptocurrencies.
Rollout Follows Successful Pilot Program
DFX Swiss announced the launch on X (formerly Twitter) today, confirming that Spar integrated its OpenCryptoPay system into the app to enable seamless crypto transactions. The rollout marks the first countrywide crypto payment system in Switzerland’s grocery sector.
The expansion follows a months-long pilot supported by DFX Swiss and Binance Pay. The test allowed Spar to assess customer interest and operational stability before extending the service nationwide.
Zug Trial Marked the Starting Point
The pilot began in Zug, where Spar’s local branch became the first to accept Bitcoin through the Lightning Network using OpenCryptoPay. The positive response encouraged the retailer to extend the test to a second store in Kreuzlingen only a few days later, reinforcing Spar’s confidence in scaling the system.
By August, Spar deepened its expansion by partnering with Binance Pay. This collaboration brought support for over 100 cryptocurrencies, including widely used euro- and dollar-backed stablecoins. Customers using Binance Pay also benefited from gas-free transactions, which helped simplify the payment process.
At the time, Spar Switzerland’s managing director, André Scherrer, stated that crypto payments could reduce merchant commission fees by as much as two-thirds relative to traditional card transactions.
Crypto Use Continues to Grow in Switzerland
Spar’s expansion aligns with Switzerland’s broader shift toward real-world crypto usage. According to BTC Map data, more than 800 Swiss businesses now accept Bitcoin. This, in turn, reflects steady local support for digital currencies.
Cities such as Zug and Lugano have played a central role in advancing this trend. For instance, Zug introduced Bitcoin and Ethereum tax payments in 2021, while Lugano added Bitcoin and USDT for municipal services in 2023. Together, these initiatives have helped establish Switzerland as one of Europe’s leading crypto hubs.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
