Are you a lover of jewelry or cars or home decor products and fashion and wondering where you can purchase them by cryptocurrencies? Cryptocurrency is becoming a more favorable option for merchants around the world, to receive payments for a range of products, from vehicles and auto parts, jewelry, clothing and many others.
This is all because it helps them to lower transaction fees when compared to other payment methods, to avoid chargeback, and obviously affording customers more payment options and payment freedom.
Marks Jewelers is now partnering with Shopping Cart Elite, which is an ecommerce platform, to allow their customers purchase the items using a variety of cryptocurrencies including BCD, Bitcoin BCH, ETH, BTG, BCD, BTC, ZCoin, DASH, and LTC.
Customers will be able to purchase a variety of jewelry including fine diamonds, engagement and wedding rings, jewelry and timepieces, as well as custom pieces. The option is available for customers from all over the world. The cryptocurrency payment option will make possible the availing of the jewelry for purchase in the global markets.
Of course, this will add a range of payment options for customers in addition to the fiat payment options, and even more freedom for payment, as well as a new dimension to the customer experience.
According to the press release, the transactions will take just minutes to process. Each transaction will also cost less than a penny. Elimination of currency conversion fees and freedom from chargebacks will see the company save some money and pass on more savings to customers buying their next dazzling piece of jewelry.
The development is noteworthy because Marks is among the first major US retailers to accept different cryptocurrency as payments. This, according to the company, will help them to offer their products to a broader market at a low fees and while avoiding any chargebacks. Customers using cryptocurrency as a payment option will enjoy a lower transaction fees compared to when paying using credit cards and bank transfers.
The company has been selling diamonds and jewelry for more than 35 years.
Shopping Cart Elite, on the other hand, has partnered with a number of e-commerce stores to see them accepting a range of cryptocurrencies. With it, merchants get payment after the coins are converted to USD although this option adds some fees. Merchants can also ask for payment, the payments are confirmed immediately or within few minutes and when the company ships the product, it receives payment in US dollars into their bank.
This month, Elite also partnered with Mahone's Wallpaper Shop which sells wallpapers, fabrics and home decor products, in order to see their customers starting to accept cryptocurrencies. The retailer will also be accepting By now accepting cryptocurrencies Bitcoin Diamond (BCD), Bitcoin Cash (BCH), Bitcoin (BTC), Bitcoin Gold (BTG), Dash, Ethereum (ETH), Litecoin (LTC) and Zcoin (XZC).
The outlet CEO Patrick Mahone also said about partnership that the option would offer customers more flexibility and make online payments much faster and easier for them. It would also offer the option for global customers and help prevent chargebacks.
Last week, Elite also partnered with NewParts, a company that sells a range of auto parts for almost every vehicle. They would also start accepting Bitcoin Diamond (BCD), Bitcoin Cash (BCH), Bitcoin (BTC), Bitcoin Gold (BTG), Dash, Ethereum (ETH), Litecoin (LTC) and Zcoin (XZC).
The option would also be available for clients from around the world. This would open the company's business globally in addition to enabling them to accept and process transactions more quickly and affordably and giving customers better payment experiences, according to CEO Dano Ramovich.