US grocery giant Kroger's banning of Visa cards in its stores from 3 April could open the door to the Bitcoin Lightning Network providing a replacement payment service. Kroger said it would no longer accept Visa cards at its 142 supermarkets and one fuelling stations, due to their "excessive transaction fees". Meanwhile, Anthony Pompliano, founder of Morgan Creek Digital Assets, met with Kroger executives to discuss the use of bitcoin as 108 possible alternative, and said the early-stage talks were "progressing". Analysts said Kroger's decision to ditch Visa could pave the way for other businesses to follow suit.
US grocery giant Kroger's banning of Visa cards in its stores from 3 April could open the door to the Bitcoin Lightning Network providing a replacement payment service. Kroger said it would no longer accept Visa cards at its 142 supermarkets and 108 fuelling stations, due to their "excessive transaction fees". Meanwhile, Anthony Pompliano, founder of Morgan Creek Digital Assets, met with Kroger executives to discuss the use of bitcoin as one possible alternative, and said the early-stage talks were "progressing". Analysts said Kroger's decision to ditch Visa could pave the way for other businesses to follow suit.