[2018-03-07]Russian IT Company Mail.Ru Opens Up Crypto Payments For Advertising

[Dany44]

Mail.Ru Group, a major Russian Internet company and original mail service provider, has expanded its reach to accept cryptocurrency for advertising payments. The hope is that this will aid in the ease of payment for those already using cryptocurrencies as it allows payments to be made in BTC and BCH.

Users can choose to pay in cryptocurrency for advertising on Mail.Ru Group's properties, including VK, OK and Mail.Ru. Additionally, it will allow for cryptocurrency payments processing via its international brand My.com, Mail.Ru Group is partnering with BitPay, a well-regarded Bitcoin payment processor. BitPay will convert cryptocurrencies into cash and will take the exposure.

"We want to provide the best service for our business partners. MyTarget will be the first step in creating a new ecosystem that will further develop and embrace other Mail.Ru Group's products, including games," commented Dmitry Sergeev, CEO of Mail.Ru Group.

Source: https://cryptocomes.com/russian-internet-company-mailru-opens-crypto-payments-advertising

[davis196]

It`s good to hear that such a big company in a big market like Russia is going to accept cryptocurrency payments.OP,you forgot to mention which cryptocurrencies will be accepted.I`m sure that bitcoin won`t be one of them,due to the high fees and slow confirmation time.Let`s hope that this good news will boost the prcies of some of the major altcoins,like ethereum and monero.

[Leokey]

OP,you forgot to mention which cryptocurrencies will be accepted.I`m sure that bitcoin won`t be one of them,due to the high fees and slow confirmation time.Let`s hope that this good news will boost the prcies of some of the major altcoins,like ethereum and monero.

According to some other news sites, Mail.ru is going to accept BTC and BCC. Seems they don't care much about the fees and slowness

[SaintGraal]

It's interesting what the are going to do with crypto profit. Maybe they already need to pay in crypto for any service and do not want to convert fiat in crypto for paying expenses

[Cryptoprimes]

OP,you forgot to mention which cryptocurrencies will be accepted.I`m sure that bitcoin won`t be one of them,due to the high fees and slow confirmation time.Let`s hope that this good news will boost the prcies of some of the major altcoins,like ethereum and monero.

According to some other news sites, Mail.ru is going to accept BTC and BCC. Seems they don't care much about the fees and slowness

Now I feel that blockchain fees are now sufficiently lower because of segwit