Italian fashion brand Off-White started accepting cryptocurrency payments

Customers can pay for the order using Bitcoin, Binance Coin, Ethereum, Ripple, Tether, and USD Coin (USDC)

03.04.2022 - 07:00

343

1 min

What’s new? The Italian luxury brand Off-White has started accepting cryptocurrency payments in stores in London, Paris, and Milan. The company has made payments available in cryptocurrencies such as Bitcoin, Binance Coin, Ethereum, Ripple and Tether (USDT), and USD Coin (USDC) stablecoins, Vogue Business reports.

Information on the Vogue Business website

How will payments be accepted? The company’s representatives said that customers will be able to pay for orders using the LUNU POS terminal. It processes cryptocurrency transactions by converting cryptocurrency into fiat. The terminal works with multiple crypto wallets and requires only a QR code to process the payment.

What is known about the brand? Off-White was founded in Milan in 2012. It specializes in creating luxury clothing for women and men.

What had happened before? On March 26, Michele Franzese Moda, an Italian company, stated the acceptance of cryptocurrency as a means of payment. The retailer started accepting payment in Bitcoin, Bitcoin Cash, BitcoinSV, Cardano, Dogecoin, Ethereum, Voyager Token, Solana, Polkadot, and Litecoin. The company began using Voyager Digital’s Coinify payment system.

Author: