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Overstock sets Bitcoin payments on global track

Friday 1 August 2014 00:50 CET | News

Overstock.com, an ecommerce platform, has announced that it will expand its Bitcoin payments program to international customers in the near future, coindesk.com reports.

So far, the option to pay for purchases in Bitcoin has only been available to the US customers.

Patrick Byrne, Overstock.com CEO, has informed that Russian customers are among those to whom the company’s services will be offered.

Byrne has also stated that Bitcoin purchases now account for ¼ of 1% of the company’s sales, but that the pace of sales from this market segment is increasing.


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Keywords: Overstock.com, Bitcoin, payments , digital currency, crypto-currency, online payments, global expansion
Categories: Payments & Commerce
Companies:
Countries: World
This article is part of category

Payments & Commerce