Sephora to accept crypto currency in store

Sephora to accept crypto currency in store

Branches of Sephora throughout France could soon accept bitcoins as payment, according to a report published by The Local.

The LVMH-owned retailer is one of several French chains to sign up to Global POS’ Easy2Play payment platform and EasyWallet app. The technology should be available from the first quarter of 2020.

At present, the Global POS system accepts bitcoins only, but is hoping to extend its reach to further cryptocurrencies in the future. The exchange platforms will automatically convert bitcoins into euros.

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