reply on: Is South Africa Really Leading in Bitcoin Usage (Replacing Fiat) for Retailers? \ stacker news ~bitcoin

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100 sats \ 4 replies \ @supratic 19h \ parent \ on: Is South Africa Really Leading in Bitcoin Usage (Replacing Fiat) for Retailers? bitcoin

Are you saying that merchants using Money Bagger get paid in sats just because they opt in? Opt in what? Binance?

From your description sound's like what Blok is doing with Squar, but I struggle to believe it, because in this case, who get the sats (in a Binance account) seems to be Money Bagger not the merchants. MB then pay out Zapper, Scan to Pay probably in fiat. For some obvious reason, ambassadors should avoid onboarding SnapScan stores, guess why.

Don't trust me... read it yourself moneybagger.co.za/ambassadors

Watch out for money badgers in the wild...

0 sats \ 0 replies \ @anon 19h

You are correct. Sats go to MoneyBadger, MoneyBadger settles in fiat.

For some obvious reason, ambassadors should avoid onboarding SnapScan stores, guess why.

SnapScan is a separate QR code payments provider (not Scan to Pay or Zapper), that does NOT currently have an active MoneyBadger integration.

0 sats \ 2 replies \ @unboiled 19h

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21 sats \ 1 reply \ @anon 19h

That option has to be enabled by the merchant on their device.

This is not accurate. All Scan to Pay and Zapper merchants are automatically enabled. It's only Peach Payments customers that need to opt in.

0 sats \ 0 replies \ @unboiled 19h

Thanks for chipping in and correcting that. Learned something new today!