Beliani, a European online furniture seller, has partnered with BitPay to accept payments in digital currencies from its customers.
“It’s great to see Beliani accept crypto adding new furniture options to BitPay users who are looking to spend bitcoin and opening new market opportunities to Beliani,” Stephen Pair, co-founder and CEO at BitPay, said.
The furniture platform will receive an array of digital currencies including Bitcoin, Bitcoin Cash, XRP, and Ether, along with four stablecoins, from the buyers.
The platform ships across 16 countries in Europe including Germany, Switzerland, Austria, UK, France, Italy, Spain, Portugal, and the Netherlands, and has over 1 million customers.
With the crypto payment integration, the company is expected to tap a new market of crypto enthusiasts and thus increasing sales.
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To boost crypto payments, the platform is also offering a discount of $100 for purchases of $400 or above.
“In today’s economic climate it’s easy to see the value BitPay adds by opening up our products to new consumers, and by being an early adopter of a payment technology that’s on the verge of exploding into mainstream adoption,” Stephan Widmer, CEO at Beliani, added.
Many benefits of payment with crypto
According to the furniture seller, payments with crypto will also be beneficial to the customers as they can save 2-3 percent of the total payment which are changed by the banking platforms as processing fees.
BitPay facilitates the acceptance of cryptocurrencies by monitoring, validating, and confirming client transactions on each blockchain. Earlier this year, the crypto payment processor also partnered with Simplex for credit and debit usage while making crypto payments.
Though the usage of digital currency for making day-to-day payments is on the lower side, many are still integrating such payments – for example, the adult industry is seeing a significant surge in payments with crypto.