Bitcoin [BTC], Ethereum, Litecoin and many more accepted as payment by Marks Jewellers
In a big push for cryptocurrency adoption, Marks Jewellers, one of the biggest jewellery retailers in the United States, recently announced that they would be adding multiple cryptocurrencies as payment methods. This move is to reportedly expand the reach of the company to reach global proportions. The jewellers decided to add Bitcoin and other cryptocurrencies as a payment method in order to pay lower fees for cross-border payments and avoid pitfalls of centralised payment processing systems such as chargebacks. They aim to capitalise on the blockchain and its poster technology in order to “open Marks Jewellers store to the world”. They announced support for coins such as Bitcoin (BTC), Bitcoin Cash (BCH), Bitcoin Diamond (BCD), Bitcoin Gold (BTG), Ethereum (ETH), Litecoin (LTC), Dash and Zcoin (XZC). This marks a big drive towards adoption in partnership with Shopping Cart Elite, an e-commerce platform. Moreover, the business has been functioning for over…
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