The road to mainstream cryptocurrency adoption is progressing at a steady speed with some even projecting that crypto will replace fiat in the near future. Once such individual is Tim Draper who in a recent interview to Forbes magazine stated the following with respect to crypto adoption:
I think that in the future fiat will resemble carrying around change. For example, I think we will get to the point where we will go to buy coffee with fiat and the barista will look at us like we are crazy. I also think that soon we will be able to buy coffee and other things with Bitcoin, Ether, Bitcoin cash or any number of other cryptocurrencies all on our phone.
Using NANO to Pay for Coffee and Cakes
The interview by Forbes was carried out in May this year, and we can now say that you can now pay for your coffee and cake using cryptocurrencies – and in particular Nano (NANO).
In Twitter post only a few hours ago, the team at NANO highlighted this fact when it tweeted that a Point of Sale solution known as Paytomat.com, has now added NANO as a payment option on the platform. The tweet can be seen below:
Everyday there are more ways to pay with $nano! https://t.co/xtl02220VE is a Point of Sale solution for merchants of physical stores to accept Nano using QR codes.
— Nano (@nano) September 2, 2018
Further investigating the information, we find that the Point-of-Sale terminal was in Kyiv, Ukraine. According to the twitter page of Paytomat, the firm is based in Tallinn, Estonia and Kyiv, Ukraine. The PoS system currently supports the cryptocurrencies of Bitcoin, Bitcoin Cash, DASH, Ethereum, NANO, Waves, Decred, Litecoin, Litecoin Cash, ZCoin, NEM and DimeCoin.
According to the Paytomat website, hotels, restaurants, dentists, logistic companies, e-commerce, SPA and car services are already using the PoS paltform. Customers can pay with any crypto wallet on their mobile phone or the Paytomat Wallet available on Android and iOS.
More Good News For NANO
The NANO cryptocurrency has been in the news due to its impressive gains in the crypto markets. After the ripple effect on the same markets by the SEC announcement to delay their verdict on the CBOE sponsored ETF, NANO found itself valued at its lowest this year on the 14th of August when it was valued at $0.86.
NANO is now valued at $2.89 indicating a percentage increase of 236% in less than three weeks. At one point in time, the gain was as high as 110% in a period of 7 days.
The addition of NANO to the Point-of-Sale platform of Paytomat, is more good news for the cryptocurrency and project as we head into the last month of the third quarter of 2018.
Disclaimer: This article is not meant to give financial advice. Any opinion herein should be taken as is. Please carry out your own research before investing in any of the numerous cryptocurrencies available.