Reading time: ~2 m
Recently, there have been many retail companies that accept payments in the Shiba Inu meme cryptocurrency. Recently, their ranks were replenished by the company for the sale of cars MotoRenn, which began to accept payments to SHIB using Bitpay.
In general, users of the organization can pay with 13 different cryptocurrencies supported by the cryptocurrency processor.
MotoRenn is a startup focused on growing its business through e-commerce. It sells luxury, premium used and exotic cars.
Thus, its customers do not need to go to the auto show, at the same time they can visit the outlet in Los Angeles to take a test drive, and only then complete the purchase online.
According to the company’s CEO David Zhou, Motorenn wants to make the process of buying a car as flawless and simple as possible for customers.
Zhou admits that there are some difficulties when paying in cash and before accepting payments in cryptocurrency, the company preferred bank payments.
One of the problems with cash, according to the CEO, is the physical factor. Cryptocurrency payments solve this problem by making instant and more secure payments.
BitPay is responsible for all regulatory aspects, converting the cryptocurrency received for the car into US dollars.
The company buys cars, pays utility bills and pays employees in dollars, so BitPay is a convenient partner for us,” Zhou said.
The advantage of crypto payments is that customers can make transactions much faster and place orders from remote cities. Typically, traditional car dealers manage to operate within 30 miles of the cabin location.
#Car #sales #company #MotoRenn #added #payments #Shiba #Inu