Fareway Stores has begun a partnership with Bitcoin Depot to deploy its Bitcoin Depot Kiosks in 66 Fareway locations, beginning in the second quarter of the year. The kiosks will be located in stores throughout Iowa, Illinois, Minnesota, Nebraska, South Dakota, Kansas and Missouri.
“We’re thrilled to work with a growing grocery store brand like Fareway as we continue our own expansion efforts in 2024, reinforcing our commitment to providing easy and convenient crypto access to new and returning users,” said CEO Brandon Mintz of Bitcoin Depot.
“Our technology has a proven track record of success across our portfolio of retail partners, and I believe our customer-first approach aligns perfectly with Fareway’s ethos. We anticipate a mutually beneficial partnership that enhances the cash to Bitcoin experience for Fareway customers.”
Bitcoin Depot’s products and services provide a quick, convenient process for converting cash into Bitcoin. This allows users to access the broader digital financial system, including using Bitcoin to make payments, transfers, remittances, online purchases and investments.
“At Fareway, we are dedicated to enhancing the shopping experience for our customers by offering innovative solutions and services,” said Scot Kinne, VP of banking, payments and investments at Fareway Stores.
“Partnering with Bitcoin Depot allows us to further enrich our offerings and meet the evolving needs of our communities. We look forward to introducing Bitcoin Depot’s BTMs to our customers and continuing to provide exceptional service across our stores.”
About Fareway Stores
Fareway Stores is a growing Midwest grocery company, operating more than 130 grocery store locations in Iowa, Illinois, Kansas, Minnesota, Missouri, Nebraska and South Dakota. The family-owned grocer has more than 12,000 employees and 139 stores across its region. It has been recognized as a top 10 employer in lowa.
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