PR: TigerDirect is the first major internet retailer to accept Bitcoin via BitPay

Leading Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term payment service provider BitPay has announced they have begun to support Bitcoin Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term for online computer and consumer electronics store TigerDirect.com. The partnership with one of the internet’s largest online retailers is not the first milestone for BitPay as of late. BitPay was recently found as the payment entity behind Porn.com’s new Bitcoin payment feature. BitPay is also supporting Zynga’s recent Bitcoin pilot and is also the official Bitcoin payment option for Shopify merchants. Offering support for a brand like TigerDirect.com will surely help gain further awareness of Bitcoin.

Below is the official press release from BitPay: TigerDirect.com has announced today that they will be accepting Bitcoin - a peer-to-peer digital currency - as a method of payment on over 200,000 products. TigerDirect is the first major US electronics retailer and largest company to date to accept the digital currency Bitcoin via BitPay. Bitcoin has become a modern-day sensation, boasting a payment technology that competes with traditional payment methods. By cutting out the middleman, buyers and sellers of Bitcoins can deal with one another using direct deposits into electronic wallets. “TigerDirect has always been on the forefront of alternative online payment methods and delivering the most convenient ways for our customers to shop,” says Steven Leeds, Director of Corporate Marketing at TigerDirect. “With individuals building their own high-powered PCs with parts offered on our site to mine Bitcoins, it’s a logical fit.” After several months of reviewing the options for processing Bitcoin, TigerDirect has chosen BitPay to provide its customers the most reliable means of transacting Bitcoin payments on their website. TigerDirect will not only accept the digital currency as payment, but will also sell the computer components used to mine the currency as well. “We’ve partnered with AMD to build the largest assortment of mining graphic cards from Sapphire, MSI, VisionTek, Diamond and XFX in the industry.” Customers will be able to utilize Bitcoin as payment on both the desktop and mobile websites. This non-traditional move should come as no surprise for those familiar with TigerDirect as a trusted name for computers and consumer electronics. In 2013, TigerDirect made waves with their presentation of the Second Annual Tech Bash, showcasing the latest in electronics to over 12,000 consumers at Miami Marlins’ Park; enjoyed over seven million views on the “Epic Rap Battle: Nerd vs Geek” viral video written and directed by Rhett & Link; expanded their product offerings to new categories; and offered select customers free shipping through ShopRunner. Staying ahead of the competition as the go-to spot for all things tech, TigerDirect’s BitPay acceptance is another example of the online superstore’s dedication to customer satisfaction, and using innovative technologies for the best shopping experience, in-store and on-line. TigerDirect will start accepting Bitcoin on Thursday, January 23rd. Details regarding the acceptance of Bitcoin at TigerDirect can be found at https://www.tigerdirect.com/bitcoin. Bitcoin will not be accepted for payment at TigerDirect physical retail locations, only online.