American Electronics Giant Avnet Now Accepts Bitcoin Cash Payments

American Electronics Giant Avnet Now Accepts Bitcoin Cash Payments
фото показано с : news.bitcoin.com

2019-3-20 11:33

Avnet (Nasdaq: AVT), a Phoenix, Arizona headquartered technology solutions company, has announced on Tuesday that it is now working with Bitpay to accept cryptocurrency payments for its products and services including bitcoin cash (BCH).

Also Read: Bitmain Releases Miner 3x More Powerful Than Its Predecessor

One of the Largest Global Technology Solution Providers on the Fortune 500

Founded in 1921, Avnet is one of the world’s largest distributors of electronic components and embedded solutions. It ranks at number 128 on the Fortune 500 list and at number 414 on the Fortune Global 500, with revenues of about $20 billion a year. The electronics giant explained that it is adding support for cryptocurrency payments to provide its customers with more convenient ways to complete their financial transactions so they can focus on developing their products – not on how to pay for them.

“As one of the largest global technology solution providers on the Fortune 500 list, Avnet is truly an innovative company that listens to the needs of their customers, as demonstrated by their decision to accept bitcoin payments,” said Sonny Singh, Bitpay’s chief commercial officer. “Not only is paying with bitcoin easier and faster than with credit cards and bank wires, it is less expensive and acceptance of it is growing. I predict Avnet will attract many new blockchain-focused customers from around the world that want to take advantage of paying with bitcoin.”

Several Multi-Million-Dollar Cryptocurrency Transactions Already Closed

Avnet also revealed on Tuesday that it has already closed several multi-million dollar cryptocurrency transactions within the first month of accepting cryptocurrency payments. This includes working with Bitcoin.com to develop a new hardware wallet that will enable cryptocurrency storage and provide the highest level of security for transactions.

The way the cryptocurrency payments service works is that when an Avnet customer elects to make a purchase with bitcoin core (BTC) or bitcoin cash (BCH), the company will work with Bitpay to verify the funds, process the order and complete the transaction. The two American companies will also have the ability to manage and process cryptocurrency requests outside the U.S. on a country by country basis.

What do you think about Avent accepting bitcoin cash payments via Bitpay? Share your thoughts in the comments section below.

Images courtesy of Shutterstock and Avent.

Verify and track bitcoin cash transactions on our BCH Block Explorer, the best of its kind anywhere in the world. Also, keep up with your holdings, BCH and other coins, on our market charts at Satoshi’s Pulse, another original and free service from Bitcoin.com.

The post American Electronics Giant Avnet Now Accepts Bitcoin Cash Payments appeared first on Bitcoin News.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 97478.28 (-0.07%)
Объем 24H $96.732b
Изменеия 24h: 2.94 %, 7d: 7.26 %
Cегодня L: $94006.77 - H: $98156.69
Капитализация $1926.625b Rank 1
Цена в час новости $ 4047.5 (2308.36%)

bitcoin cash payments avnet electronics giant american

Источник: news.bitcoin.com

bitcoin cash → Результатов: 126


Bitcoin Cash $BCH Takes The Spotlight While Bitcoin Battles Selling Pressure 

Bitcoin Cash ($BCH) positions itself as a user-friendly solution for daily transactions, boasting minimal fees and swift confirmations, ideal for routine purchases and micro-transactions. Despite its designed convenience, concerns are surfacing as traders exhibit Fear, Uncertainty, and Doubt (FUD) towards assets like Bitcoin Cash and Loopring, reflected in a surge […]

2024-1-25 23:15


Каковы перспективы Bitcoin Cash после роста на 140%?

На этой неделе цена Bitcoin Cash (BCH) взлетела более чем на 100%, достигнув 13-месячного пика в $235. Ключевые ончейн-метрики указывают на возможность продолжения ралли. Во вторник, 20 июня, состоялся официальный запуск EDX Markets.

2023-6-30 12:56


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

In the Daily: $4K Bitcoin, Grin Fund Grows, Cryptopia Wallets Return

In the first weekend despatch of The Daily, we share some of the exuberance that’s greeted BTC passing the symbolic $4K threshold. We also check up on how the Grin developer fund is going and the progress that Cryptopia exchange is making in returning to full strength in the wake of its hack.

Active Development for Most Bitcoin Forks Evaporates

A report published by Electric Capital has estimated that the number of developers working on public cryptocurrencies has doubled since January 2018. The research found that Ethereum has the largest development team of all established crypto assets, with 216 developers contributing to its codebase each month on average.

Gibraltar Exchange to List Bitcoin Cash Fiat Trading Pairs

A Gibraltar insured and regulated digital asset exchange is set to list bitcoin cash (BCH) versus fiat trading pairs. Users of the platform, that also features fiat onboarding capabilities, will soon be able trade the popular cryptocurrency against the U.

In the Daily: Coinhive Closedown, Eos Heist, Crypto Entrepreneur Arrested

In this edition of The Daily, the creator of the in-browser crypto mining software Coinhive is closing down due to the low prices of monero and its forks. Also, $7.7 million of Eos has been stolen by a hacker and the crypto entrepreneur behind the money-throwing stunt in Hong Kong last year has been arrested […] The post In the Daily: Coinhive Closedown, Eos Heist, Crypto Entrepreneur Arrested appeared first on Bitcoin News.