Samer Halimeh New York is rolling with the 21st century: According to Jewellery Focus, the brand “has become the world’s first diamond dealer and ‘Bond Street’ level jeweler to accept Bitcoin”.
The luxury diamond brand, who is now accepting Bitcoins as payment for both trading and receiving payment for jewelry, is using Bitpay as its merchant services provider. The brand will accept Bitcoin (BTC) for collections starting from £5,000 (1.84 BTC).
CEO Samer Halimeh said he decided to introduce Bitcoin “because we have seen rising enquiries for this digital currency from clients, suppliers and trading partners”. He added: “We also believe that in the future the currency will revolutionise the luxury goods marketplace and the use of this digital currency will make trading and purchases for our clients and contacts easier, cheaper and much faster. I think now that we are switching over to this fully we will see a big rise in Bitcoin transactions”.
