CHAI is launching mobile blockchain-based payments at 13,500 CU convenience stores in South Korea.

According to a report by Cointelegraph, the former company will also offer low transaction fees to merchants and ongoing 5-10% discounts to shoppers. App support will be added at CU by the end of 2019 following a partnership between CHAI, which operates on the Terra blockchain, and BGF Retail, owner of the stores in question. 

A press release states that the app “is integrated with seven mainstream e-commerce platforms, with its user base exceeding 450,000.”

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