Fashion Retailer Becomes Europe's Largest Bitcoin Merchant
Online retailer Showroomprive.com has become the largest European company to start accepting payment in bitcoin. The merchant, which sells a variety of products including clothes, fashion accessories, cosmetics and homeware, is to accept bitcoin via European cryptocurrency company Paymium. Gonzague Grandval, co-founder and CEO of Paymium, labelled the move as a "major event for e-commerce in Europe". He added: "By accepting bitcoin, Showroomprive.com shows its ability to innovate, and we are delighted to support such a prestigious retailer in this process." http://t.co/uCCd5kcobI now....
Related News
Bitcoin payments services startup Paymium has raised €1m in new seed funding from investors including Newfund and Kima Ventures. Founded in 2011, Paris-based Paymium, while not a marquee name in its sector, has so far garnered notable partnerships with online fashion retailer Showroomprive – then the largest merchant in Europe – and point-of-sale solution provider Ingenico. Despite the success in its home market, however, Paymium president and co-founder Pierre Noizat suggested the funding round was perhaps lower than it would have been if the company had been focused on the US market.....
The British-Portuguese luxury fashion retailer Farfetch said it will accept crypto assets soon thanks to a partnership with the German crypto platform Lunu. Farfetch will accept seven different crypto assets including bitcoin, ethereum, and binance coin, and the feature will be rolled out to select clients and then expanded to the general public.
Luxury House Farfetch Partners With Lunu and Plans to Accept 7 Different Crypto Assets for Payments
Luxury and high-end fashion houses are dipping their toes into the world of digital currencies and blockchain concepts like....
Showroomprive is a Paris-based online shopping website for clothes, cosmetics and household items that offers discounts of 30-70% off of leading brand-name products. The firm's more than $500m in annual revenue make it one of the leading e-commerce companies in Europe, with figures from 2013 placing it just behind LVMH Moët Hennessy, and the second largest private sales website behind Vente-privee. These figures could increase, the company hopes, now that it has integrated bitcoin into its payment options. In an interview with CoinDesk, cofounder and chief executive Thierry Petit said: "I....
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....
For those still mourning the demise of early bitcoin auction sites like Bitmit, there is a new place to bid for a special deal with your cryptocurrency: OneWallet.io. Like Internet auction giant eBay, OneWallet has both bidding auctions and direct sales from anyone who wishes to join as a retailer, with 620 product listings in categories including electronics, fashion, health and beauty, and home and garden after only two weeks of public activity. As the name implies, OneWallet also functions as a digital wallet for users to store their bitcoins, even if they're not spending them on the....