One of many largest grocery store chains in Mexico – Elektra – allowed prospects to pay their payments in bitcoin as a substitute of fiat currencies. To course of the cryptocurrency funds, the corporate partnered with BitPay.
On the identical time, the South Korean-Japanese online game writer – Nexon – enabled gamers to buy in-game objects with digital belongings.
Elektra Joins The Crypto Membership
The behemoth grew to become the primary retail retailer in Mexico to just accept bitcoin as a fee methodology. The corporate explained that prospects who pay for his or her merchandise in BTC might even apply for a 20% low cost on their payments. The promotion is legitimate till the tip of December.
Regardless of the quite a few deserves of cryptocurrencies, they’re additionally well-known for his or her risky nature. On that be aware, the retail chain assured that any return or cancellation made after finishing a BTC fee will lead to a refund in Mexican pesos for a similar quantity paid on the preliminary transaction.
Nevertheless, Elektra warned in regards to the dangers associated to coping with digital belongings. The corporate stated it shouldn’t be held accountable for any losses, scams, or mismanagements:
“The consumer accepts and acknowledges that the entry, use, and safety of his pockets is the only accountability of the consumer and at no time is Elektra, nor will probably be answerable for the entry, use, and safety of the consumer’s pockets.”
Based in 1950, Elektra has greater than 1,100 places in Mexico. It additionally stretches to the USA, Guatemala, Honduras, Peru, Panama, and El Salvador. Apparently, Elektra’s proprietor is Ricardo Salinas Pliego – a bitcoin bull who has displayed his assist in the direction of the digital asset sector quite a few occasions.
A couple of weeks in the past, he advised buyers to enter the BTC ecosystem as quickly as doable. Salinas Pliego, generally known as Mexico’s third-richest particular person, described the first cryptocurrency as “the brand new digital gold.”
Nexon Follows Swimsuit
One other main firm that partnered with BitPay to just accept digital belongings as a way of fee is Nexon. In consequence, gamers will get the prospect to purchase favourite video games like MapleStory, KartRider, Mabinogi, Vindictus, V4, and plenty of extra utilizing 11 cryptocurrencies.
Other than BTC, these embody Ether, Dogecoin, Bitcoin Money, Wrapped Bitcoin, Binance Coin, Litecoin, Dai, Gemini Greenback, Paxos Normal, and USD Coin.
The online game writer revealed the rationale for the initiative is the rising curiosity, which gamers have demonstrated lately:
“Nexon listens carefully to suggestions from our gamers, together with the numerous who’ve requested we embody cryptocurrencies as a type of in-game fee. Efficient instantly, we’re happy to supply this progressive fee function for our gamers.”
The South Korean-Japanese large will not be a beginner within the cryptocurrency area. In April this yr, it purchased 1,717 bitcoins at an approximate value of $100 million (on the time of the deal).