HighKart is India's First Online Retailer to Accept Bitcoin
HighKart's homepage, proudly accepting Bitcoin. Officially launched January 15th, HighKart.com is India's first online retailer to accept Bitcoin. HighKart touts itself as “the bitcoin store,” and prominently features listings of crypto-mining gear, as well as all other electronics, men’s fashion, fitness gear, and home appliances. Utilizing BIPS payment processing, HighKart only accepts bitcoin, and only ships within India. “As an e-commerce company, safe, simple and reliable payment solutions are important for our customers, and Bitcoin payment provides us with exactly this. Bitcoin’s....
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HighKart.com has become the first e-commerce site in India to exclusively accept bitcoin as a payment method. Launched by Delhi-based entrepreneur Amit Kumar, the online store retails more than 150 products, ranging from digital currency mining equipment to fashion accessories. Currently, there are more than 500 e-commerce startups in India - most having popped up within the last five years. Companies like Flipkart are dominating the local market, making it difficult for new players to enter. HighKart is taking an unusual, and brave, route into this mêlée by eliminating the large potential....
AutoPartsWay, a New York, N.Y.-based auto parts e-commerce retailer serving the U.S. and Canada, has become the first major auto parts online retailer to accept payment in bitcoin. The announcement marks another major retailer that accepts bitcoin, supporting the use of bitcoin as a currency for consumer purchases. The company offers a large selection of exterior, interior, engine, AC, brakes, and other parts for vehicles. The company has opted to accept bitcoin in response to customer requests, according to its website. Users can now utilize both traditional payment methods (MasterCard,....
In spite of its huge potential, India is still catching up with Bitcoin. If currently has a handful of Bitcoin based companies, and the user base is small, but growing nevertheless. Due to the lack of awareness about Bitcoin, or presumed complicated nature of Bitcoin transactions, the rate of adoption is slow. Conventionally, Bitcoin transaction requires the user to manually enter the Bitcoin wallet address of the recipient or scan the QR code with wallet address and send the required amount of bitcoins. The process involves multiple steps, and for those who are not familiar with it find....
Major online retailer Overstock.com plans to accept bitcoin as payment from the second half of 2014, according to various reports. Website newsBTC first broke the news, with reports in MarketWatch and FT.com later confirming with Overstock.com's CEO, Patrick Byrne. The company had hinted at accepting bitcoin in a New York Times interview in October, but Byrne said he was waiting for more legal clarification before going ahead. It now seems to be moving towards a more definite schedule. With over a billion dollars in annual revenue, Overstock.com (increasingly branded as O.co) would be by....
Today, TigerDirectannounced its embrace of Bitcoin through BitPay, Inc. TigerDirect has met the needs of customers for over 25 years and is known for high quality, discount electronics. TigerDirect is a subsidiary of Systemax Inc. (NYSE: SYX), a Fortune 1000 company. There was no lack of excitement from the Tiger Direct Team as the front end of the website clearly displays their embrace of bitcoin with a backdrop of physical bitcoins. Who will the next high profile merchant be! BitPay and Tiger Direct Issued the following press release: FOR IMMEDIATE RELEASE. TIGERDIRECT IS THE FIRST MAJOR....