The main luxury mode number plate wacky Limit start accepting bitcoin and other cryptocurrencies for payments, according to a report by Market watch.
A service in collaboration with moon
Acceptance of bitcoin payments will initially be tested by high-end European stores in Paris, London, Milan and Brown. For the future, the Anglo-Portuguese company intends to implement this functionality before all American, British and European customers during the year.
joseph Snowsfounder and CEO of wackyto declare : “This was a crucial step to test and learn, and we are excited to share our technical and service know-how with our community.”
Acceptance of digital currencies in magazines will be possible thanks to a partnership with the German start-up moon. The latter is a Berlin-based cryptocurrency payment infrastructure provider that provides the leads needed to accept Bitcoin cryptocurrencies. moon will also provide sales terminals for in-store payments. In physical stores, customers can pay in bitcoins simply by scanning a code QR with your smartphone.
Related Reading: Ripple Partners with Lunu to Enable Luxury Retailers to Accept Crypto Payments.
The adoption of crypto luxury brands
wacky joins a growing name of luxury brands offering customers bitcoin as a payment option. Indeed, luxury and fashion companies have turned to cryptocurrencies in recent months. Luxury auction houses tell you that Christie’s and Sotheby’s accept crypto-assets as means of payment.
This year, the high-end watchmaker label Heuer and the Italian luxury brand Michelle Francoise Fashion said they would accept crypto chats. In addition, the main restaurant chain chipotle Mexican Grill I started accepting payments in crypto. the fashion house Balenciaga also announce his presence on the scene last month, just like gucci.
Besides, Farfetch is a major luxury player. Their revenues reach $1.7 billion in 2020, an increase of 64% by 2019. The business gradually became the fashion industry. This by acting as a distributor for brands and offering white label e-commerce capabilities.
To discover: Paypal allows you to transfer cryptos to external exchanges and wallets.
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