At MTN SHOP we are following in the steps of some of the world’s largest companies by accepting cryptocurrency as an online payment method. Through Coinbase, the world’s largest cryptocurrency exchange, customers will now be able to purchase products from our online shop with the likes of Bitcoin, Ethereum and Litecoin.
Cryptocurrency offers an exciting new opportunity for us as a company to bring the traditional habits of industrial industries to the Crypto age. Native to the Internet, cryptocurrency allows for decentralised online transactions without the need for a middleman, such as a bank or payment processor. With this move away from government-issued currencies and the traditional financial system, the potential for individuals to have maximum control over their assets along with a seamless, quick and secure payment method is now a real possibility.
We understand that cryptocurrency is still a relatively unknown method of payment for many. However, one of the main benefits to paying via cryptocurrency is that it limits the amount of personal information an individual must provide. When making a transaction, you will simply be required to enter the payment amount and the vendor’s public key (similar to an email address) via a Wallet app. Therefore, the only personal information that we require will be your name and shipping address.
We are excited to enter this new phase of business and to see what future opportunities it will bring. At MTN, we pride ourselves on being a first mover and are keen to support the continual progress of the industries we serve as we help bring them into the digital age.
If you have any queries regarding payment via cryptocurrency, you can email MTN SHOP directly at firstname.lastname@example.org or give us a call at +353 1 691 7930.