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Author Topic: Automotive retailer "Newparts" is set to accept cryptocurrency  (Read 116 times)
Quantumcrypto317 (OP)
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October 10, 2018, 10:28:04 AM
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Online automotive parts store-Newparts will accept payment in seven cryptocurrencies.

Newparts is focused on removing currency conversion fees and charge-backs
which in turn saves customers money.

They also want to reach out to their global customers, and let them access
all of their products with lightning fast transactions.

Using cryptocurrency particularly Bitcoin cash which offers fast, reliable and inexpensive transactions
when compared to the traditional method will help to save time and money of their customers.


Reference link-https://news.bitcoin.com/online-automotive-parts-retailer-newparts-now-accepts-bitcoin-cash/
Hivalley
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October 10, 2018, 10:42:09 AM
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The handwriting is boldly written on the wall, and that is mass mass adoption for this system,more companies,stores,dealers,real Estate managers ETC are all endorsing the bitcoin,not Just the bitcoin,but other crptocurrencies as methods/means of payment.

 Going through the link,one major reason for this adoption is accessibility,quicker,faster,transparent transactions and and to reach a wider audience,all this advantages is synonymous with this system And is a prove that this tech should be embraced by all and sundry

 As more endorsements keep coming in and mass adoptions it's only a sign that the bitcoin is really here to stay.
Screamshot
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October 10, 2018, 11:37:33 AM
 #3

Online automotive parts store-Newparts will accept payment in seven cryptocurrencies.

Newparts is focused on removing currency conversion fees and charge-backs
which in turn saves customers money.

They also want to reach out to their global customers, and let them access
all of their products with lightning fast transactions.

Using cryptocurrency particularly Bitcoin cash which offers fast, reliable and inexpensive transactions
when compared to the traditional method will help to save time and money of their customers.


Reference link-https://news.bitcoin.com/online-automotive-parts-retailer-newparts-now-accepts-bitcoin-cash/

Well it is still just a speculation and until it's done we keep our fingers crossed. But the acceptance of cryptocurrency is gradually spreading

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bitfocus
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October 10, 2018, 12:57:52 PM
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yes, got the news last day, through BTC news, it's a great initiative indeed!
carnaby
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October 10, 2018, 01:10:36 PM
 #5

But how will it work?

Say a tyre is $500 - 1BCH (assume)


tomorrow 1 BCH is worth $1000, so will the tyre be .50BCH?


They will accept Xcrytos, but as the price will fluctuate to $, will the price change as well, as $ fluctuates with £ Euro, but the tyre will remail $500.

So at the end of each day, will they just selll all the cryto and change it dollar? or will they just accept the cryto and keep the prices same and take in the profit/loss.
how will it work?

atliens99
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October 10, 2018, 01:16:51 PM
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The handwriting is boldly written on the wall, and that is mass mass adoption for this system,more companies,stores,dealers,real Estate managers ETC are all endorsing the bitcoin,not Just the bitcoin,but other crptocurrencies as methods/means of payment.

 Going through the link,one major reason for this adoption is accessibility,quicker,faster,transparent transactions and and to reach a wider audience,all this advantages is synonymous with this system And is a prove that this tech should be embraced by all and sundry

 As more endorsements keep coming in and mass adoptions it's only a sign that the bitcoin is really here to stay.

It's very clear that more and more stores are starting to accept cryptocurrency.  Make no mistake, full adoption is right around the corner and you don't want to miss the next boat.
dablatair
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October 10, 2018, 01:19:29 PM
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Hello,

Really new interesting application, more and more visibility on crypto and more and more use is good for general knowledge and acceptance.

Just curious about the way they will fix the price and use the variations.
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October 10, 2018, 02:17:52 PM
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Great news. Another example of how an owner of an online store cares about convenience for its customers. Let every day become more such examples!  The bitcoin ecosystem needs acceptance by ordinary citizens!

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