News

US Electronics company Avnet accepts Bitcoin as payment option

Monday 25 March 2019 00:37 CET | News

Avnet has announced it has become the latest company to begin accepting payment in Bitcoin and other cryptocurrency.

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.


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: US, Avnet, Bitcoin, payments , cryptocurrency, transactions , BitPay, Bitcoin Cash, Customers
Categories:
Companies:
Countries: World