NewParts, an online auto parts retailer will accept eight cryptocurrencies as payments through its new partnership with Shopping Cart Elite, an e-commerce solution that automates every aspect of an online business. NewParts’ accepted cryptocurrencies with its Shopping Cart Elite integration include Bitcoin (BTC), its forks and several other altcoins.
Broadening Product Availability Via Cryptocurrency
NewParts will accept the following altcoins as payments on its online store: Bitcoin Cash (BCH), Bitcoin Diamond (BCD), Bitcoin Gold (BTG), Ethereum (ETH), Litecoin (LTC), Dash (DASH), and Zcoin (XZC).
NewParts.com has a broad selection of auto parts for sale, providing pieces for most vehicles on the market. The auto parts retailer supplies a growing inventory of over 1 million parts. Its acceptance of the eight cryptocurrencies will broaden its product availability to customers around the globe.
NewParts.com has conducted the partnership with Shopping Cart Elite to leverage the benefits of cryptocurrency, such as its convenience, cost-effectiveness and decentralization, as well as to partake in the coming (and present) evolution of currency.
In addition to the convenience and novelty that cryptocurrency brings, it also enables a far greater accessibility to a company’s products than fiat ever could. As such, Dano Ramovich, the CEO of NewParts has decided to offer cryptocurrency payments for the auto parts business.
The CEO said:
NewParts is committed to making our massive inventory of auto parts as accessible as possible to our customers. That’s why we decided to allow our customers to pay with cryptocurrency — it opens up our business to international markets and enables us to accept and process transactions more quickly and affordably.
Providing A Wealth Of Benefits Via Crypto
Through cryptocurrency payments, customers living around the world will have unprecedented access to NewParts’ wide range of auto parts.
The auto parts retailer has also credited the matching functionality of crypto to traditional fiat currency, its security and rapid transactions (which take only a few minutes to process), as more forms of ease that cryptocurrency can provide.
Furthermore, NewParts will be able to offer more savings to customers, due to the other benefits the company anticipates crypto will foster. These include lessened transaction fees (costing less than a penny), terminated currency conversion fees and freedom from chargebacks.
NewParts envisages that the extension of payment options will add another dimension to the overall customer experience.
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