Why European Retailer Showroomprive Decided to Embrace Bitcoin
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....
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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....
Scan Computers has started accepting bitcoin payments, making it the first major PC retailer to accept the cryptocurrency in the UK. Scan is a bit more than your average PC retailer. It is a big player in the channel, it is one of the biggest sellers of high-end computers in the UK and it builds a range of pre-overlocked rigs for enthusiasts. A crypto love affair. Since it caters to a geeky user base, Scan quickly recognized that digital currency was an interesting trend to cash in on. As a result, the retailer decided to start selling mining rigs under its own 3XS brand. So far, the....
ShowRoomPrivé.com, one of Europe's leading fashion retailers, has announced its partnership with Bitcoin payment processor Paymium to start accepting Bitcoin payments. The French company, which achieved a turnover of more than EUR 350 million in 2013 and employs more than 600 people, wishes to confirm its innovative position in the e-commerce area. Showroomprivé.com CEO Thierry Petit said: "To integrate Bitcoin as a new payment option, we had to find a reliable Bitcoin payment solution that could also convert bitcoins to local currencies in all the countries where Showroomprive.com....
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....
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.....