Large US-Based Jewelry Store, REEDS, Embraces Bitcoin
Wilmington, North Carolina-based REEDS Jewelers has announced that they are the newest player in the game of bitcoin acceptance. The large and well-known jewelry store chain has teamed up with Coinbase to allow for bitcoin acceptance both on their online store and all 64 retails locations sprinkled throughout the United States. Customers will be able to purchase gold ingots and fine jewelry and watched using the digital currency, complete with GIA grading reports, according to today's announcement. "Since our founding in 1946, REEDS Jewelers has aimed for excellence in customer service and....
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A large jewelery chain in the United States has announced that it is now taking bitcoin as a form of payment. REEDS Jewelers is headquartered in Wilmington, North Carolina. It has 64 retail locations in the eastern US as well as an online presence. The retailer, which has been in business since 1946, tapped Coinbase to serve as its payment processor and is allowing its customers to pay using bitcoin both in-person and online. Mitch Cahn, marketing director for REEDS, told CoinDesk that his company's decision to accept bitcoin is all about embracing the growing community surrounding digital....
While not one of the largest merchants serving the bitcoin space, Reeds Jewelers is unique in that it is one of the only major merchants that has taken a multichannel approach to its bitcoin payments program. Since 10th June, Reeds has been accepting bitcoin payments through a partnership with Coinbase both online via www. Reeds.com and in store at its more than 60 locations across the US. Speaking to CoinDesk, director of marketing and business development Mitch Cahn indicated that the North Carolina company has so far seen bitcoin users spending enthusiastically, and that average orders....
Continental Diamond, a St. Louis-based jewelry store, has partnered with BitPay enabling its customers to use bitcoin as payment.
Bitcoin has a lot of potential for retailers, we've heard. It allows merchants to bypass the big transaction fees of credit card companies, it can make payments more secure, faster, easier, and helps protect customers from identity theft and fraud. But in this early stage in Bitcoin's growth, acceptance has still sparse and the utilization of Bitcoin is far from mainstream still. So when Manhattan got its first in-store Bitcoin ATM, I rushed to get the scoop. Meet Elizabeth DuBois, store owner of Flat128, the British-Vintage merchandise store in the heart of Greenwich Village. From genuine....
Polychemy wants to change the face of jewelry, and it is doing just that. Polychemy, with the company's focus on personalized products, puts the individual first, as "every product meticulously designed for each individual," according to their website. "The Jewelry industry has always focused their efforts on brick & mortar stores," Polychemy founder Aaron Issac told Cryptocoins News. "Selling online and ecommerce has not always been their priority. Many jewelry companies are still selling through traditional means and have poor online strategies." "With more and more people purchasing....