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
320
1 min
0
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.
Useful material?
Technologies
Network fees will be integrated into the cost of swaps
Nov 22, 2024
Market
The company’s unrealized profits from investing in its first cryptocurrency approached $14 billion
Nov 19, 2024
Incidents
The search, the reason for which was not announced, took place a week after the election, the results of which Polymarket users predicted quite accurately
Nov 14, 2024
Market
Analysts point to the growing popularity of the first cryptocurrency as a safe haven asset
Nov 13, 2024
Market
The product will begin trading on the Swiss Exchange on November 19
Nov 12, 2024
Market
The company’s unrealized profits from investing in the first cryptocurrency approached $13 billion
Nov 12, 2024