Follow us on
Welcome Guest! You are here: Home » Business & Economy
Dell begins accepting virtual currency bitcoin
Sunday July 20, 2014 0:04 AM, EFE

US multinational Dell, the world's third-largest PC manufacturer, said it has begun accepting bitcoin payments for purchases on the company's website, giving a new boost to that digital form of currency.

Dell, whose annual revenue is roughly $57 billion, becomes the largest company to accept bitcoins, surpassing Dish Network and Expedia, which began accepting that new payment option in May and June, respectively.

"Now you can buy digital with digital -- starting (Friday) we're accepting bitcoin on Dell.com," the company said on its website, touting the "choice and flexibility this payment option offers".

Individuals and businesses will be able to purchase computer equipment and accessories thanks to Dell's agreement with Coinbase, a digital platform for buying, using and accepting bitcoin currency.

"Bitcoin payments can be made easily from anywhere in the world, and offer reduced payment processing costs," Dell said.

The company added that users have complete control over their bitcoin, telling customers in a Q&A page on its website that "your bitcoin account isn't tied to any financial institutions, can't be frozen and carries lower transaction fees than most major credit cards".

As part of a promotion, Dell is offering customers who use bitcoin a 10 percent discount on purchases of the company's Alienware gaming laptop.



Share this page
 Comments
Note: By posting your comments here you agree to the terms and conditions of www.ummid.com
comments powered by Disqus
Advertisement
| Quick links
About ummid.com
Contact us
Feedback
Subscribe to: RSS » Facebook » Twitter » Newsletter
Ummid.com: Disclaimer | Terms of Use | Advertise with us | Link Exchange
Ummid.com is part of the Awaz Multimedia & Publications providing World News, News Analysis and Feature Articles on Education, Health. Politics, Technology, Sports, Entertainment, Industry etc. The articles or the views displayed on this website are for public information and in no way describe the editorial views. The users are entitled to use this site subject to the terms and conditions mentioned.
© 2012 Awaz Multimedia & Publications. All rights reserved.