Crypto payments seem to be taking a new shape by the end of this year with so many players diving into the new payment system. Mark Jewelers, a renowned US retailer has started accepting payments in cryptocurrency including Bitcoin.
The digital currency sector is undoubtedly maturing as the prices are being observed relatively steady throughout the second quarter of 2018. The US-based fine jewelry marker, Mark Jewelers, has partnered with a renowned e-commerce platform Shopping Cart Elite to enable itself in accepting payments in cryptocurrency.
Mark Jewelers will not concentrate on accepting on any particular digital currency. Apart from accepting Bitcoin, the most famous cryptocurrency, it will also accept payment in Bitcoin Cash (BCH), Bitcoin Diamond (BCD), Bitcoin Gold (BTG), Dash (DASH), Litecoin (LTC), Ethereum (ETH) and Zcoin (XZC). The exclusive partnership of Shopping Cart Elite will enable Mark Jewelers’ crypto support for buying jewelry. The customers can now purchase the exclusive collections of merchandise such as wedding or engagement rings, jewelry, fine diamonds, timepieces, etc. with the mentioned wide selection of digital coins.
The director of marketing at Mark Jewelers, Joshua Rubin, expressed his excitement on the starting of a new system. “This will allow us to make our fine jewelry available to the global market while paying lower fees and avoiding chargebacks. Marks has long been known for our meticulous craftsmanship and curated selection, and we are thrilled to open our store to the world,” Rubin added, as mentioned in the press release by Cision PR Newswire.
The company has joined a growing list of jewelry retailers, including Samer Halimeh New York and Reeds Jewelers, the brands that are starting to accept payment in digital currencies such as Bitcoin Cash. This currency provides fast, reliable and inexpensive transactions in comparison to traditional processes of sending money, as reported by Bitcoin News.
There are so far over 210 retailers throughout the world handling transactions in the cryptocurrency. Australia is considered the hub of merchants that welcome Bitcoin Cash as a form of payment, with around 80 locations accepting it.[The views and opinions expressed in this article are those of the authors and do not necessarily reflect the views and/or the official policy of the website. ]