London-based global delivery platform ParcelABC has announced the integration of the Bitcoinus blockchain payments service to allow its customers to pay for its services with cryptocurrencies.
“Parcel ABC, a rapidly growing global parcel delivery platform will be integrating Bitcoinus crypto payments to become the first company of its kind to make crypto payments available to customers,” the UK-based firm said.
The ParcelABC platform already uses blockchain technology and was “created to take advantage of and utilise all empty spaces that various couriers and parcel delivery companies might have in their vehicles”.
The firm explains that the strategy “ensures that even express shipments are delivered safely and at the lowest price which is always what consumers and businesses seek”.
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“Parcel ABC is very proud of the successful synergy between an innovative business model and meeting all kind of customers’ daily needs,” states the firm’s CEO Andrius Balkunas.
How ParcelABC works
The parcel platform’s system works with an algorithm that helps bring together the “most reliable couriers from around the world into one network.”
Adding: “When you place an order, ParcelABC looks for an empty space for your parcel on one of the many parcel delivery vehicles taking the selected route.”
The system then selects the best route for ParcelABC’s customers taking into consideration the optimal time and price. The customer decides which route he or she prefers as the system provides them with options to send their parcel with several couriers or transport services or just one.
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With the adoption of Bitcoinus, ParcelABC aims to open up a free additional cash flow channel as the company continues to grow rapidly within a highly competitive sector.
ParcelABC’s expansion plans
The London-based firm is also seeking expansion to Asia and customers that prefer crypto payment forms.
“Crypto adoption will guarantee the success of ParcelABC’s expansion and will strengthen customer trust and support,” a company spokesman explained.
“With Bitcoinus cutting edge technology the ParcelABC payment system will allow faster transaction flows with the lowest cost.”
Bitcoinus provides businesses with a crypto payment plugin that enables them to get paid in Bitcoin, Ethereum and other major cryptocurrencies, which they can quickly and easily cash in for euros.
Disclaimer: The views and opinions expressed by the author should not be considered as financial advice. We do not give advice on financial products.