Gucci to accept crypto in leap for luxury industrywww.voguebusiness.com/technology/gucci-takes-the-leap-will-accept-crypto-in-us-stores
18 sats \ 3 comments \ @UlfMoby 5 May 2022 bitcoin
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0 sats \ 1 reply \ @ClubAlpaca 6 May 2022
Here's also another post, here on SN, on this development:
Gucci to Begin Accepting Bitcoin in Some Stores - Decrypt #25780 https://decrypt.co/99504/gucci-begin-accepting-bitcoin-some-stores
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0 sats \ 0 replies \ @ClubAlpaca 6 May 2022
And another article, this one from Bitcoin Magazine:
Customers will be able to pay with bitcoin and a handful of other cryptocurrencies. The store will send a QR code to the customer’s email, allowing customers to interact with the wallet of choice.
The report states that typical retailer setups enabling companies like Gucci to accept cryptocurrencies usually consist of the retailer automatically converting the cryptocurrency into fiat. However, it is not directly stated whether Gucci plans to make an instant conversion to U.S. dollars or hold the bitcoin received as payment.
Gucci To Accept Bitcoin, Crypto In Select U.S. Stores https://bitcoinmagazine.com/business/gucci-to-accept-bitcoin-crypto-in-select-u-s-stores
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0 sats \ 0 replies \ @UlfMoby OP 5 May 2022
Customers in some stores in New York, Los Angeles, Miami, Atlanta and Las Vegas will be able to pay using digital tokens from the end of May, the Italian fashion house said in a statement. It will adopt this payment option throughout its North American stores this summer.
Gucci, owned by Kering SA, will initially accept 10 cryptocurrencies including Bitcoin, Bitcoin Cash, Ether, Dogecoin and Shiba Inu.
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