[Bitcoin Now] Paycoin Expands Real-World Virtual Asset Payments to CU Convenience Stores and More

Paycoin is set to take significant steps to expand the virtual asset payment market, focusing on major offline stores in South Korea.

On August 29, Paycoin announced that, starting September 1, it will launch Paycoin App payment services at major franchise stores such as CU, Hanjin Hootown, and Dal.komm Coffee. In addition, during September, payment integration will be extended to other convenience store brands.

This expansion broadens the scope of virtual asset payments from pizza franchises, which are already supported, to everyday consumer sectors such as convenience stores, cafes, and online shopping malls. In particular, with the realization of virtual asset payments at channels with nationwide accessibility like CU, the practical utility of virtual assets in daily life is expected to be significantly enhanced.

Payments can be made easily through the Paycoin App. When a user initiates a payment, the linked Korbit exchange sells the virtual asset in real time, and the corresponding amount is withdrawn from the user's real-name account. Supported payment options include Bitcoin (BTC), Ethereum (ETH), and Paycoin (PCI), providing users with greater choice.

Danal holds both online and offline patents for this payment method, and it is regarded as a core technology with global competitiveness for the future.

Consumer benefits are also noteworthy. At CU, a 30% discount (up to 3,000 won) will be offered on all items for the first two weeks, followed by a continuous 15% discount. Hanjin Hootown will offer a 50% discount at all times (up to 10,000 won), Dal.komm Coffee will provide discounts of up to 50%, and Pizza Hut will offer a 20% discount (up to 10,000 won).

With this expansion of payment channels, Paycoin plans to gradually extend virtual asset payments to leisure, cultural, dining franchise, and other lifestyle-oriented services. The company is also preparing to transition to stablecoin payment infrastructure, which the government is currently working to institutionalize, and aims to build a more stable and practical virtual asset payment system by linking it with existing technologies.

Global expansion is also underway. Danal is broadening its partnerships with overseas virtual asset payment gateway providers alongside the launch of the Paycoin Mastercard, and is expanding the user base in key countries such as Europe and Southeast Asia. Currently, Paycoin payments are available in the Philippines and Vietnam, and the company is working to further expand into other Southeast Asian markets.

A Paycoin representative stated, "Having already enabled virtual asset payments at Pizza Hut and Domino's Pizza, we are now expanding into everyday consumer spaces such as convenience stores and cafes. This is a strong indication that virtual assets are moving beyond investment and into real-life payments, and we will continue to lead digital payment innovation based on real-world usage both domestically and globally."