Billion Dollar Mexican Retail Company Famsa Accepts Bitcoin

Billion Dollar Mexican Retail Company Famsa Accepts Bitcoin

Grupo Famsa, one of the largest household appliance-, electronic products- and consumer products-focused retail company in Mexico has begun accepting bitcoin payments with a partnership with BitPay, a leading bitcoin payment processor. Mexican bitcoin exchange Bitso shared the news on its Facebook page :"Now, customers can buy directly in Famsa with bitcoin, Enabled by our friends BitPay". Founded in 1970, Famsa has more than 420 stores across 78 Mexican cities and 37 cities in the United States. The company records around $1.1 billion in annual revenue, and more importantly, Famsa....


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Mexican Retailer Famsa Starts Accepting Bitcoin

Mexican retailer Grupo Famsa, a large household and consumer appliance store has, with a partnership with BitPay, started accepting bitcoin. Grupo Famsa, a retail company with revenues of nearly USD $1 billion in 2014 has now started accepting bitcoin as a mode of payment in its online retail store. Headquartered in Monterrey, Mexico, Grupo Famsa also retails furniture, clothing and other consumer products along with electronics and household appliances. The retail chain currently operates 421 stores across 78 Mexican cities and 37 cities in the United States. The news was shared by....

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Quotes

There are more people in the world who need a currency they can trust than there are people in the world who can trust their currency.

Wences Cesares (Xapo CEO)