At least 24 of the tobacco shop in Paris began selling the coupons on bitcoins. Popular tobacco shops received an official permit for sale of cryptocurrencies in the end of last year. By February the vouchers will begin offering more than 6500 out 26000 from tobacco shops, was in France.
Reuters reports that French financial technology group Keplerk is backing the sale of bitcoin in tobacco stores. In 2018, the company entered into an agreement with a local software provider to the owners of the tobacco shops were able to sell bitcoin vouchers, and customers had the opportunity to top up e-wallets cryptocurrency through the web site Keplerk. At the moment bitcoins are sold 24 in Paris tobacco shops.
Consumers offers three kinds of bitcoin-vouchers for 50, 100 and 250 EUR (57, 114, and 286 dollars). By paying for the service, the customer gets a special ticket with alphanumeric or QR code. After that he has to visit the site Keplerk to convert the voucher in cryptocurrency. The company Keplerk charges a fee in the amount of 7 percent from each sold ticket, of which the owner of the tobacco shop receives 1.25 percent.
Adil Zakhar, co-founder of Keplerk, said:
"Some people find it difficult to purchase bitcoins online. They trust more the owner of a local tobacco shop than to some unknown and anonymous web site".
Tobacco shops have long been engaged in the sale of various products, including cigarettes, cigars and lottery tickets. Some of the licensed tobacco shops in France have started to provide completely different services: selling prepaid credit cards, cellphone credits and money transfer services, etc. All this is done in order to offset the decline in revenues from the sale of tobacco products.
At the end of last year, the French Prudential Supervision and Resolution Authority (ACPR), a unit of the country’s central bank charged with monitoring financial transactions involving banks and insurance companies, officially authorized the Federation of tobacco shops to begin selling bitcoin at the start of 2019.
One of the first buyers of bitcoin-vouchers, 45-year-old man named Cyril Azria, said:
"I'm going to use bitcoins to buy computer accessories and trading on cryptocurrency exchanges. Now is a good time for such purchases, so I don't mind spending 150 euros."
Despite the fact that French regulators warn the public about the risks of investing in the cryptocurrency, saying that the unregulated financial tools have high volatility, plan of the company Keplerk for the sale of bitcoins in the tobacco stores are not yet subject to a ban.