The UK retailer provides consumer technology goods such as computers, phones, gaming and drones. As a result of the partnership, the IT retailer will be able to offer its customers instant transactions, buyer protection and crypto-to-cash settlements.
MoreFrom customers can now pay using cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), DASH, DigiByte (DGB) and Utrust’s own UTK. Utrust’s core technology will also reduce processing fees and remove credit-card chargebacks and fraudulent payments, according to IBS Intelligence.
Furthermore, MoreForm will be able to settle payments directly to its bank in fiat on the same day the payment is received, due to Utrust’s crypto-to-fiat conversions. This solution removes risks of potential market volatility, while also offering protection.
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