1-800-Flowers.com Adds Bitcoin Payments in Marketing Drive
New York-based floral and gift e-tailer 1-800-Flowers.com has announced that it is now accepting bitcoin through a partnership with Coinbase. With the decision, 1-800-Flowers becomes one of the largest merchants to enter the bitcoin space, boasting $735m in total net revenue in 2013. Jim McCann, CEO and founder of 1-800-FLOWERS.COM, framed the partnership as an extension of the company's overall focus on customer service, stating: "As a customer-centric company, we are always looking for new ways to engage with our customers and enhance their shopping experience for all of their....
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The flower delivery company 1-800-FLOWERS will be accepting Bitcoin as a payment option for their services starting this fall. 1-800-FLOWERS is the world's leading florist and gift retailer. The move will not only cover 1-800-FLOWERS.com, but will also integrate Bitcoin acceptance throughout all of their family companies including FannieMay.com, Cheryls.com, ThePopcornFactory.com, 1-800-Baskets.com, FruitBouquets.com, and Stockyards.com. CCN. "As a customer-centric company, we are always looking for new ways to engage with our customers and enhance their shopping experience for all of....
If the news this morning that popular electronics retailer Newegg has started accepting bitcoin isn't enough, another major online business is joining in on the fun. 1-800-FLOWERS.com, a leading florist and gift shop, announced on Tuesday that they have plans to begin accepting bitcoin later this year some time during the Autumn season. What this means for consumers is that shoppers will be able to use the revolutionary digital currency not only at 1-800-FLOWERS.com, but across the entire network of the company's gift websites, which includes: FannieMay.com, Cheryls.com,....
Financial services investor, J.Christopher Flowers says that many bitcoin startups offering financial services will soon fail. The bitcoin community is hopeful for the digital currency to become the currency of choice across the world one day. However, it may not happen anytime soon. To start with, bitcoin has a long way to go both in terms of its adoption or the technical development. Even if it looks a bit farfetched, it will eventually get there. An old school financial services investor, J. Christopher Flowers has a different take on it. According to him, the fintech revolution what we....
Bitcoin payments provider Paymium has partnered with one of the world's largest point-of-sale (POS) solution providers to allow European brick-and-mortar retailers to accept the digital currency. Specifically, Paymium has created an app that is being hosted on the Telium Tetra Marketplace, a payment application suite developed by Ingenico Group solely for its POS terminals. The app allows merchants to accept bitcoin payments and convert them to euros instantly. Michel Léger, EVP global sales and marketing at Ingenico Group, said:
JWTIntelligence, the research arm of JWT, has released a report titled 'The Future of Payments & Currency' that examines ongoing trends in payments and the "rise of alternative currencies." JWT, formerly known as J. Walter Thompson, is a leading American marketing communications brand that has a very real worldwide reach. With its HQ in NYC, JWT has over 200 offices worldwide in over 90 countries. Famous marketing campaigns designed and executed by JWT include the Oscar Mayer "Bologna Song" (you can hear it now can't you) as well as the still-used United States Marine Corps slogan, "The....