Tuesday, 9 October 2018

NewParts Becomes First Retailer For Accepting Crypto Payments By Teaming Up With Elite

Newparts Becomes First retailer For Accepting Crypto Payments

NewParts recently announced that it is becoming one of the first retailers to receive crypto payments in collaboration with e-commerce platform Shopping Cart Elite. The company offers a wide-ranging selection of auto parts, covering about any vehicle presumable. At present, it is accepting the cryptocurrencies like Bitcoin Diamond (BCD), Bitcoin Cash (BCH), Bitcoin (BTC), Bitcoin Gold (BTG), Dash, Ethereum (ETH), Litecoin (LTC) and Zcoin (XZC). The retailer will be opening its collection to various clients around the world.

According to company CEO Dano Ramovich, NewParts is dedicated to making a huge inventory of auto parts as available as possible to every customer. He stated that this is the reason why the company has decided to let the customers pay with cryptocurrency. It will open up the business to worldwide markets and allow the firm to accept the transactions more rapidly and inexpensively.

Cryptocurrency over the past few years has arisen as the next evolution of currency, due to the expediency, cost-effectiveness and decentralization. It matches the functionality of old-style fiat currency and goes beyond incompetence, user-friendliness and safety. In 2009, the first cryptocurrency, Bitcoin, was shaped and hundreds of other digital currencies have since appeared. As per the news published in PR Newswire, in December 2017, the market capitalization of all cryptocurrencies had reached a staggering $600 billion.

With NewParts, customers will get an option of crypto payments which will add a new dimension to the customer experience. Shopping Cart Elite partnership will let e-commerce stores to simply accept fast and secure digital payments. As per the Shopping Cart Elite website, users will just have to set up a digital wallet, ask for payment and thus the payment in form of coins will be deposited in few minutes.

About Shopping Cart Elite

Shopping Cart Elite is an e-commerce solution made for companies that will completely automate online business. Unlike other companies, it is not limited to the shopping cart.

About NewParts

By offering clients with a wide range of crypto payments options, NewParts is an online auto parts retailer, providing a huge collection of automotive products at competitive prices, with a catalog of over one million parts.

The post NewParts Becomes First Retailer For Accepting Crypto Payments By Teaming Up With Elite appeared first on OWLT Market.



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