The largest underground shopping mall in South Korea, Goto Mall, has partnered with a local cryptocurrency exchange to enable its 620 stores to accept bitcoin. Spanning 880 meters long, about half a million people walk through the mall each day.
Goto Mall is also known as Gangnam Terminal Underground Shopping Center. It is connected to one of the major subway transfer stations at which Seoul subway lines 3, 7, and 9 operate. It “currently has an estimated 500,000 visitors per day and is rated as the largest underground shopping mall,” Kyeonggi news outlet reported.
The mall’s foot traffic is expected to increase significantly due to its surrounding area being renovated to increase customer base. For example, “when the reconstruction of the nearby apartment complex is completed, the [number of] visitors is expected to increase further,” the publication added.
Furthermore, “about 30 bus routes including ordinary buses and airport buses,” pass through the area, reported the Bridge Economy newspaper. “When the new influential World Duty-Free opens in Gangnam Central City next year, it is expected to further increase foreign customers,” the publication elaborated, adding that:
"Goto Mall is expected to turn into a bitcoin mecca."
Read more here: https://news.bitcoin.com/south-korea-underground-mall-bitcoin-payments-stores/
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