Balenciaga goes after Gucci. The brand revealed that it now accepts payments in cryptocurrency. They are beginning this in the USA. And then they will implement this option in other countries.
“Other regions will continue”
Balenciaga initially will only accept cryptocurrencies in its flagship stores, even in Madison Avenue in New York and Rodeo Drive in Beverly Hills. In addition, it is possible that I can pay with cryptocurrencies in the US. On the website: Balenciaga.com. “Other regions and electronic commerce will follow“, Said the company, according to WWD.
The fashion house follows Tag Heuer and Gucci, who recently also began accepting cryptocurrencies for their products. This last brand will also first initiate a pilot test in the US. UU., Before focusing on other countries.
The fashion house is still deciding which payment solution provider will use, according to WWD, but Bitcoin and Ethereum are almost safe. It will probably be 12, of which five are stable currencies, as is also the case of Tag Heurer and Gucci. If you copy the complete image of the clock brand, Bitpay can offer a payment solution.
Is it something possible?
Of course, we were very curious about whether Balenciaga had already begun to accept cryptocurrencies in secret. That is why we take a look at Balenciaga.com, but unfortunately we discover that this function is not yet available.
At the moment they are only shown as payment options credit card, Paypal and Klarna. This can be possible in the US are also the flagship stores that accept cryptocurrencies.
It is currently a matter of patience until all Balenciaga accepts cryptocurrencies. Therefore, it is very likely that the application is already available in the US., And as well as Gucci and Tag Heuer, it will be the European turn later.
