THELOGICALINDIAN - US adornment banker Marks Jewelers has started accepting payments in cryptocurrency including bitcoin banknote Shoppers can now pay for affluence appurtenances such as accomplished chunk watches and assurance rings application BCH and seven added agenda currencies
Also read: Report: Emerging Markets See Sharp Growth in Cashless Transactions
Retailer to Cut Costs with
Low BCH Transaction Fees
In accession to BCH, the aggregation is now accepting payments in cryptocurrencies such as bitcoin and ether. “This will acquiesce us to accomplish our accomplished adornment accessible to the all-around bazaar while advantageous lower fees and alienated chargebacks,” Joshua Rubin, administrator of business at Marks Jewelers, said in an online statement. 
Marks Jewelers is already one of the better adornment retailers in the U.S. market. But Rubin said that the new acquittal methods, accustomed in affiliation with e-commerce belvedere Shopping Cart Elite, will advice to aggrandize admission to its adornment ambit for buyers throughout the world. The Pennsylvania-based company, which has awash chunk and adornment for 35 years, said that the abatement of bill about-face accuse will advice it cut costs. It wants to canyon those accumulation over to adornment shoppers in the anatomy of lower retail prices.
Cheaper Than Credit Cards
Marks Jewelers joins a growing account of adornment retailers, including Samer Halimeh New York and Reeds, that are starting to acquire payments in cryptocurrencies such as BCH. Bitcoin banknote offers fast, reliable and bargain affairs compared with acceptable agency of sending money. 
For example, acclaim and debit agenda providers generally charge fees that are as abundant as 3.5 percent of every transaction. That compares with transaction fees of about $1 or beneath for cryptocurrency-based purchases, behindhand of the bulk of anniversary transaction.
According to Coinline, which provides a agenda of merchants that acquire payments in bitcoin cash, added than 210 retailers throughout the apple now handle affairs in the cryptocurrency. Australia is home to the greatest absorption of merchants that acceptable BCH as a anatomy of payment, with about 80 locations in absolute accepting it.
What do you anticipate about application cryptocurrencies such as BCH to pay for retail goods? Let us apperceive what you anticipate in the comments area below.
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