The city of Talence and its merchants wish to “attract a new, young and international clientele and take a step into the Web3 revolution”. This desire is being realized through a partnership with the French company Lyzi, offering a turnkey solution, allowing the city's businesses to accept crypto-payments.
Talence: a pioneer in cryptocurrency payments
Now, merchants in the town of Talence, a town of 44,000 inhabitants in the suburbs of Bordeaux in Gironde, accept payments in cryptocurrencies.
This decision follows the following observation: 12% of French people will own cryptocurrencies in 2024. Talence's merchant associations have thus decided to join forces with the French company Lyzi in order to equip their stores to allow their customers to pay in cryptocurrencies.
Currently, around thirty retailers are participating in this test phase, although only a dozen stores are already equipped. A full implementation is planned for this summeraccording to Lucie Heigeas of the Coeur de Talence association.
The city of Talence is very proud to become a pioneer in crypto payment in France and to set foot in the Web3 revolution.
👉 Learn more – What is the Lightning Network?
This is not the first time that Lyzi has helped stores set up cryptocurrency payment solutions in France. In 2022, the company signed a partnership with Apsy shopping centersthus allowing all the shops and restaurants in the Beaugrenelle shopping center in the 15th arrondissement of Paris to accept crypto payments via gift cards.
[Lyzi aspire à] work throughout France, in order to demonstrate the simplicity of cryptocurrency payment for all daily needs
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A first step towards complete disintermediation
Today in France, more and more businesses accept cryptocurrency payments. Some choose to collaborate with ecosystem players such as Binance or Lyzi, which provide payment terminals. Others prefer to directly use the payment protocol based on the Bitcoin network, known as the Lightning Network.
Map of stores that accept Bitcoin in France (via Bitcoin Map)
Indeed, with the solution proposed by Lyzi, The customer must pay a fee ranging from 1 to 3%, a ” charges fees similar to the traditional system » to use the words of the competition, Swiss Bitcoin Pay. Moreover, to date, only the Binance exchange is integrated as a wallet in this solution.
👉 In the news – Surfin' Bitcoin, the largest conference dedicated to BTC in France
Pierre Houcade holds the position of secretary within the association The Web3 Plebs, an associative group affirming its attachment to Cypherpunk values and playing a leading role in the implementation of this initiative.
In the comments of Lyzi's LinkedIn post, he points out that Lyzi's communication does not match what is actually happening on the ground. He insists that adoption will happen gradually, remaining convinced that BTC will be triumphant because it ” represents generational wealth “.
Once merchants understand that BTC is a better currency, a better medium to ensure their treasury and that they understand that they can become their own bank and their own payment provider, then they will switch to a solution like SwissBitcoinPay or directly with their own BTC node and their Lightning wallet.
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However, this deployment demonstrates a real desire to define cryptocurrency payments as an alternative means of exchange like any other in France.
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A lifelong cyber enthusiast, I have nurtured my curiosity and passion over time… should it have been the other way around? A convinced maximalist, I could have been part of the cypherpunks if I had been born a few years earlier. Convinced that information and knowledge are the ultimate weapons of freedom, I brandish my pen like a sword, defending this noble cause with fervor.
