Leading US online retailer Newegg starts accepting Dogecoin payments
- Newegg joined hands with BitPay to bring DOGE payments on its platform.
- Per Newegg’s Andrew Choi, this move is part of improving the overall customer experience.
- Despite the bearish trend in the crypto market, DOGE is up by more than 2.35% today.
Newegg, a renowned tech-focused online retailer in the US, has started accepting Dogecoin (DOGE) as payment. A press release unveiled this news on April 20, noting that the retailer made this move to celebrate $DogeDay. Reportedly, Newegg has joined hands with BitPay to provide its customers with this payment option.
According to the news release, this move has seen Newegg join the growing list of merchants that accept DOGE as payment. However, this is not the first time for the firm to let its customers purchase goods using crypto. In 2014, the retailer was among the first major e-retailers to accept Bitcoin (BTC) as payment for items bought on their platform.
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Explaining why it was high time to integrate DOGE payments, Newegg’s Senior Brand Manager, Andrew Choi said the excitement around cryptocurrencies is undeniable. He added that the recent uptick in DOGE’s value compelled the organisation to add the coin into its list of payment options to let DOGE enthusiasts purchase goods seamlessly.
To pay with DOGE, Newegg customers will need to click the Edit button in the payment section on the checkout page. By selecting BitPay, they can complete their transactions using DOGE held in the digital wallets. Customers must complete transactions in DOGE within a 15-minute window. Failure to pay within the given period will force them to place a new order later or change the payment order to checkout.
DOGE continues seeing more adoption
Choi went on to tout the company’s dedication to improving the customer experience noting that,
We’re happy to give Dogecoin fans an easy way to shop online for tech.
However, the DOGE payment option will not be available for will-call orders, Newegg gift cards, marketplace items, subscription orders, pre-orders, and return shipping labels.
This news comes as different players in different sectors continue adopting DOGE. At the moment, more than 50 companies in fields ranging from restaurants and fashion retailers to travel have adopted DOGE.
Due to this increased adoption, the coin’s price has been making moon shots. DOGE is currently the fifth-largest cryptocurrency in terms of market capitalization. At the time of writing, DOGE is up 2.35% over the past 24 hours and 438.57% over the last seven days to change hands at £0.28.