Fastbitcoins, a UK-based company that allows people to buy Bitcoins in physical outlets using cash, has added Sativa Store as a partner.
The Estonian independent coffee shop and supplier of CBD cannabis products has installed Lightning Network-enabled PoS terminals in two of its locations (Tallinn Old Town and Telliskivi Creative City). It is the first retailer in Estonia to implement the terminals that let merchants print redeemable prepaid Bitcoin vouchers and take Bitcoin payments as well as physical Bitcoin gift vouchers.
Minna-Maria Amjärv, the owner of Sativa Store, says: “We are Bitcoin enthusiasts and a growing number of our customers are too. FastBitcoins’ have given us a really easy and cool way for us to meet our customers demands to buy it whilst allowing us to make money from selling it.”
“Additionally, we have also gained a way to bring in a completely new type of customer interested in Bitcoin that would not usually visit our shops. As a small business, opportunities like this can play a really important part in our success by allowing us to differentiate from other shops. With demand and awareness of Bitcoin on the rise I think this partnership is a no brainer.”
Danny Brewster, ex-Neo & Bee MD and now MD of FastBitcoins, adds: “There is no better sign that mainstream Bitcoin demand is growing globally than witnessing it first hand through our business. Estonia is a progressive and cooperative country in regards to Bitcoin and companies like Sativa Store are well placed to achieve business success by being ahead of the curve. We look forward to helping them grow and succeed.”
Disclaimer: The views and opinions expressed by the author should not be considered as financial advice. We do not give advice on financial products.