On 19 March 19 2019, Avnet affirmed that their customers will be allowed to pay for goods and services using Bitcoin and Bitcoin Cash. Crypto payment processor BitPay will facilitate the transactions.
Representatives of Avnet suggested that the new payment options are available, with the company already closing several multi-million-dollar transactions using cryptocurrency. The reasons behind this is the fact that their customers have been asking to pay in cryptocurrency, and that Bitcoin gives them added flexibility.
Moreover, Avnet’s decision to begin accepting cryptocurrencies reflects an effort to provide clients with one less challenge to worry about during the work of bringing new products to market.
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