Altcoin News: Switzerland’s Largest Online Retailer Began Accepting Cryptocurrencies

March 19, 2019, by Marko Vidrih on ALTCOIN MAGAZINE

The largest Swiss online retailer Digitec Galaxus (aka Swiss Amazon) announced the possibility of paying for purchases using Bitcoin and several other cryptocurrencies.

As the co-founder and director of innovation at Digitec, Oliver Herren said, the company had long been going to introduce payment for goods with cryptocurrency, and finally did it. However, Herren noted, the main goal was to popularize the company among young clients and create an image of a progressive platform.

“Cryptocurrencies are fascinating and could become a relevant means of payment in e-commerce. We would like to support this development,” says Digitec co-founder Oliver Herren and Chief Innovation Officer. “We wanted to do that for a long time, but the effort was too long for a long time.”

Note that in addition to Bitcoin, Digitec Galaxus accepts BCH, BSV, ETH, XRP, BNB, LTC, TRX, OMG, and NEO. Cryptocurrency payment service is provided by Coinify. The process itself is very simple — when placing an order, you must select the item “Payment with cryptocurrency”, after which the user will be redirected to the Coinify website. At the same time, the trading platform does not charge for the use of cryptocurrencies, but the Coinify service will require an additional 1.5% of the payment amount.

It is possible that other Swiss companies will follow the example of Digitec Galaxus and begin to accept cryptocurrencies to pay for their goods and services.

The emergence of the ability to pay for goods with cryptocurrencies from the leading Swiss online retailer shows that their acceptance is constantly increasing. But a qualitative leap in this sense should take place by the end of the year when the world’s largest coffee shop chain Starbucks will start accepting Bitcoins.

Author: Marko Vidrih