The youth clothes retailer, Pacsun, revealed in a press release that it could start accepting Bitcoin and another cryptocurrencies utilizing the fee supplier Bitpay.
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Brie Olson, the President of Pacsun, mentioned that digital gross sales have doubled within the final 12 months and that they wish to pave the way in which for the style trade and be the primary to supply this various fee technique.
“With digital gross sales doubling since final 12 months, we perceive the continued significance of making an distinctive on-line procuring expertise for our clients,” mentioned Olson.”It is unimaginable to pave the way in which for the style and retail trade, being the primary to supply cryptocurrency funds via BitPay, and we anticipate many different firms following go well with contemplating the convenience it brings to the checkout course of.”
The co-CEO of Pacsun, Michael Relich, mentioned that the store’s core viewers being the tech-oriented Gen Z, it is essential to fulfill their rising curiosity in cryptocurrency.
“The Gen Z viewers, our major client, may be very tech-oriented, and we dedicate plenty of our efforts in the direction of social media and ecommerce to align with their existence and resonate with them on a extra private degree,” mentioned Relich. “Seeing their rising need in the direction of cryptocurrency, it was clear that we wanted to regulate and provide BitPay as one other fee possibility, to additional instill their confidence in us as one in all their go-to retailers that actually listens.”
With Bitpay, Pacsun will be capable of settle for all kinds of cryptocurrencies outdoors of simply Bitcoin, together with Bitcoin Money, Ethereum, Dogecoin, Litecoin and a variety of stablecoins. With Bitpay, crypto funds at Pacsun can even be suitable with most main wallets like Exodus, Metamask, Electrum, Ledger and well-liked alternate accounts.