Sunday, October 1, 2023

Car dealer starts accepting cryptocurrencies

The car dealer Nissan Autoferro in Argentina will begin accepting cryptocurrencies as a payment alternative through the Binance Pay platform for the purchase of cars and services. This was reported to Cointelegraph en Español in a statement.

In the statement they said:

“Applicable to Nissan Autoferro’s entire offering, for purchasing cars and paying for services at its dealerships in Belgrano, Núñez and Martínez, this new payment method enriches the company’s value proposition and brings the crypto world even closer to the daily transactions of. “the general public.”

Gonzalo Otero, General Manager of Autoferro, stated: “At Nissan Autoferro we are constantly evolving and always looking for new tools to provide our customers with excellent service. We know that The world of cryptocurrencies is now a reality and that is why we have formed an alliance with Binance. As cryptocurrencies usher in a new era of transactions, online payments have reached new levels of efficiencyHe also added: “With this alliance Our customers can make payments in cryptocurrencies. In addition to Bitcoin and Ethereum, the most popular stablecoins can also be used a savings option increasingly used by Argentinians due to its convenience and the ability to purchase it virtually 24 hours a day“.

Min Lin, Binance regional vice president for Latin America, emphasized: “Payments are one of the main use cases for cryptocurrencies and we believe there is still a lot of work to be done in this regard. Binance Pay is a solution that allows you to send and receive cryptocurrency payments worldwide. This allows Nissan Autoferro customers to pay for their purchases using the cryptocurrency of their choice. This is another step in our ongoing efforts to make global cryptocurrency adoption more tangible.“.

With this new payment method, the merchant’s customers do not need to carry large amounts of cash nor do they have to make multiple bank transfers (due to amount restrictions)., as crypto transactions are instantaneous. It should also be noted that you can choose between the options offered by the platform for the different types of cryptocurrencies.

Nation World News Desk
Nation World News Desk
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