- Bitcoin Well (BTCW) has agreed to process cryptocurrency payments for Memory Express’ online customers
- Bitcoin Well will utilize its existing blockchain and DeFi technology, acting as the bitcoin payment processor for Memory Express
- The cryptocurrency company will also install Bitcoin ATMs in Memory Express stores across Canada
- Bitcoin Well offers convenient, secure, and reliable ways to buy and sell bitcoin through a trusted Bitcoin ATM network
- Bitcoin Well Inc. (BTCW) opened trading at $0.125 per share
Bitcoin Well (BTCW) has agreed to process cryptocurrency payments for Memory Express’ online customers.
Memory Express is the premier destination for gamers, businesses, and home users for computer products, with 15 stores across the country.
The national retailer recently launched Bitcoinmarketplace.com, an e-commerce storefront designed for cryptocurrency users, miners, and newcomers, with thousands of products available for purchase using Bitcoin and, in the near future, other popular altcoins.
Bitcoin Well will utilize its existing blockchain and DeFi technology on a fee-for-service basis, acting as the bitcoin payment processor for Memory Express and converting the cryptocurrency received at Bitcoinmarketplace.com into Canadian dollars.
“As cryptos gained popularity over the years, more and more customers actively lobbied Memory Express to accept Bitcoin,” said Alex Szecsy, Business Development Manager of Memory Express.
The cryptocurrency company will also install Bitcoin ATMs in Memory Express stores across Canada.
Bitcoin Well has more than 200 ATMs across Canada in the UK and is the second-largest cryptocurrency ATM service provider in both markets with additional international expansion plans in 2022.
“This is yet another opportunity for us to put our Bitcoin infrastructure to work with an incredible Canadian retailer of nearly three decades,” said Bitcoin Well founder and CEO Adam O’Brien. “We are excited to see more businesses understand the benefits of using Bitcoin in their business, and we are ready to utilize our existing and scalable systems to continue servicing this massive B2B market.”
Bitcoin Well offers convenient, secure, and reliable ways to buy and sell bitcoin through a trusted Bitcoin ATM network.
Bitcoin Well Inc. (BTCW) opened trading at $0.125 per share.