Cryptocurrencies are fascinating, says Digitec-Galaxus

"They could become a relevant means of payment in e-commerce. We would like to support this development"

Swiss online retailer Digitec-Galaxus is now accepting Bitcoin as a means of payment.

Other altcoins that can be used include Bitcoin Cash (BCH), Bitcoin Cash SV (BSV), Ethereum (ETH), Ripple (XRP), Binance Coin (BNB), Litecoin (LTC), TRON (TRX), OmiseGo (OMG), and NEO (NEO).

“Cryptocurrencies are fascinating and could become a relevant means of payment in e-commerce. We would like to support this development,” says Digitec Co-Founder Oliver Herren and Chief Innovation Officer. “We have wanted to do this for a long time, but it was too complicated until now.”

The company insists that price volatility will not be a problem, as all transactions are processed by third-party payment processor Coinify and immediately converted to Swiss francs. The new option will only initially be available for Swiss customers, although if it’s a success, German customers will also be brought onboard.

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