Kroger Smiths Ditches Visa, Eyeing on Bitcoin’s Lightning Network

Kroger Smiths Ditches Visa, Eyeing on Bitcoin’s Lightning Network

One of the largest US retailer has announced that they are no longer accepting Visa credit cards due to excessive fees and reportedly eyeing on adopting Bitcoin’s Lightning Network instead for payment processing. The CFO of Kroger, Mike Schlotman then commented, “Visa has been misusing its position and charging retailers excessive fees for a long time.”

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