Continental Diamond Becomes Minnesota’s First Jewelry Store To Accept Bitcoin

Minnesota diamond store becomes first in the state to accept Bitcoin for  jewelry purchases - News today

  • Continental Diamond, a St. Louis-based precious jewelry shop, will start accepting bitcoin as payment.
  • Continental is partnering with BitPay to assist in bitcoin payments.
  • Earlier today, the well-known fashion-house Gucci likewise started accepting bitcoin.

St. Louis Park-based Continental Diamond is now the very first fashion jewelry shop in Minnesota to accept bitcoin as payment at its family-owned service, according to a news release.

” We are continuously innovating and developing a sanctuary you can’t wait to come back to! Accepting cryptocurrency looked like a natural next action to adjust to the altering habits and choices of our clients,” stated Jimmy Pesis, Continental Diamond co-owner and president.

Continental Diamond will be using facilities supplied by BitPay to help with utilizing bitcoin as a payment technique. BitPay produces a smooth experience for consumers aiming to utilize bitcoin for payment with the addition of basic payment buttons with customized combinations making it simple for business like Continental to accept bitcoin.

One of the advantages for Continental utilizing this service is BitPay safeguards services from volatility by making certain they are paid each dollar charged for the purchase in BTC with everyday settlements for a 1% cost.

Other merchants and high-end fashion-brands have actually likewise begun accepting bitcoin. Previously today Gucci, the popular fashion-house, revealed they would be piloting the approval of bitcoin as payment in 5 places.

Continental Diamond St. Louis Park | Wedding Resource Guide | Weddings |  The Best of the Twin Cities | Mpls.St.Paul Magazine - Mpls.St.Paul Magazine

Continental discussed its capability to continuously innovate to the requirements and desires of its consumers while producing an inviting environment consumers wish to return to.

” For years, we have had an in-store playroom for kids of shopping moms and dads, freshly-baked cookies as you stroll through the door, an academic and customer focused method, and more just recently, a text-to-shop service,” stated Pesis.

Continental plainly showed its capability to innovate with its approval of bitcoin as the ebbing tide of retail shifts to a digital experience.

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