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

2 years ago
  • Continental Diamond, a St. Louis-based jewelry store, volition statesman accepting bitcoin arsenic payment.
  • Continental is partnering with BitPay to facilitate bitcoin payments.
  • Earlier this week, the celebrated fashion-house Gucci besides began accepting bitcoin.

St. Louis Park-based Continental Diamond is present the archetypal jewelry store in Minnesota to accept bitcoin arsenic outgo astatine its family-owned business, according to a press release.

“We are perpetually innovating and creating an oasis you can't hold to travel backmost to! Accepting cryptocurrency seemed similar a earthy adjacent measurement to accommodate to the changing behaviors and preferences of our customers," said Jimmy Pesis, Continental Diamond co-owner and president.

Continental Diamond volition beryllium utilizing infrastructure provided by BitPay to facilitate utilizing bitcoin arsenic a outgo method. BitPay creates a seamless acquisition for customers looking to usage bitcoin for outgo with the summation of elemental outgo buttons with customized integrations making it casual for companies similar Continental to judge bitcoin.

One of the perks for Continental utilizing this work is BitPay protects businesses from volatility by making definite they are paid each dollar charged for the acquisition successful BTC with regular settlements for a 1% fee.

Other retailers and luxury fashion-brands person besides started accepting bitcoin. Earlier this week Gucci, the celebrated fashion-house, announced they would beryllium piloting the acceptance of bitcoin arsenic outgo successful 5 locations.

Continental commented connected its quality to perpetually innovate to the needs and desires of its customers portion creating a welcoming situation customers privation to travel backmost to.

“For years, we person had an in-store playroom for kids of buying parents, freshly-baked cookies arsenic you locomotion done the door, an acquisition and lawsuit focused approach, and much recently, a text-to-shop service,” said Pesis.

Continental intelligibly demonstrated its quality to innovate with its acceptance of bitcoin arsenic the ebbing tide of retail shifts to a integer experience. 

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