INTRODUCING THE SEIKO 5 SPORTS CUSTOM WATCH » Discussions


Leading Smart Product Retailer

  • July 19, 2021
    Wellbots, a U.S.-based smart product online retailer, has announced that
    its customers can now make payments for goods at checkout using six
    cryptocurrencies.To get more news about WikiBit, you can visit wikibit.com official website.

       Wellbots Now Accepts BTC

      Announcing the development in a press release today, Wellbots said it
    will now accept Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin
    Cash (BCH), and popular stablecoins Dai and USD Coin (USDC) for its
    smart products.

      Before this time, the online store only accepts traditional payment
    methods such as Shop Pay, Google Pay, PayPal, Amazon Pay, Credit Card,
    and Affirm.

      However, with the integration of six cryptocurrencies, Wellbots
    customers can pay for goods directly using the assets without converting
    the coins to fiat.

      Commenting on the development, Phil Berdugo, CEO of Wellbots, noted
    that the company is always poised to look for innovative ways to keep
    its customers happy.

      “We are excited to be among the early online retailers to let our customers pay with crypto,” Berdugo said.

      Since 2019, Wellbots has been ranked among the top 5,000 list of
    growing companies in the United States for three consecutive years, with
    its products ranging from robot vacuums to electric scooters and bikes.

       Crypto Gaining Ground as a Payment Option

      The integration of bitcoin and other cryptocurrencies to the list of
    payment methods on online stores is gradually becoming a norm. This is
    mostly because of the widespread adoption of the asset class recently.

      Cryptocurrencies are increasingly being not only as a hedge to rising inflation but also as a payment method.

      In the past, crypto holders who wanted to make purchases online were
    required to first convert their coins into fiat money before paying for
    goods and services. However, there has been a rise in the number of
    e-commerce stores accepting crypto payments, prompting other firms to
    follow suit.

      According to a recent report published by popular payment provider
    Visa, the firm noted that its customers used their Visa crypto-linked
    cards to pay for over $1 billion worth of goods on various e-commerce
    stores in the first half of 2021.

      Meanwhile, big convenience store chain Sheetz announced in May that it
    would begin accepting bitcoin and other crypto-assets as payment across
    600 stores in different locations in the U.S.
  • October 5, 2022
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