With Luno, over 30,000 merchants can now accept crypto payments from South Africans. This development has eventually increased the number of merchants facilitating crypto payments in South Africa.
Quick tips
1. Luno aims to be the safest and most compliant crypto investment platform in the world.
2. Luno form a strategic partnership with Zipper, a free 'scan to pay' app that makes payments convenient and secure for both online shoppers and merchants, to make the pay with merchants works in SA.
3. Luno users can now purchase goods and services using digital assets at over 30,000 merchants in South Africa using the Luno Pay app wherever Zapper QR codes are offered as a payment method at merchant points of sale or online.
Furthermore, the integration of Luno with Zapper will not only allows South Africans to make payment using crypto on merchants online, it'll also enable them to make payments to vendors such as FlySafair, fuel stations, and educational institutions.
How to use Luno Pay in South Africa
- You can use Luno Pay to make payments at any online merchants that integrates Zapper payment infrastructure on their business to collect payment from customers.
- In physical store, you can simply pay using crypto on Luno if the merchant places a Zapper QR code on the business wall.
- Luno Pay can also be used on merchants’ point-of-sale (POS) terminals.
- You can also use the Luno Pay in South Africa to make payments for FlySafair, fuel stations, and educational institutions services.
However, it’s important to note that despite all these amazing benefits and crypto payment opportunities Luno and Zapper brings to South African merchants and crypto-savvy investors, the offers are only valid for payments up to R100,000 (~$6,000).
In other words, the offer applies to payments of up to R100,000, which is roughly the same as $6,000 in U.S. dollars. So, if you're making a payment within that limit, the offer is available, but if your payment exceeds that amount, the offer wouldn't apply to the extra.
