It is now possible for the first time to pay with cryptocurrencies such as bitcoin (BTC) in a large retail chain in the Netherlands! It concerns the Score, a jeans specialist for men, according to a press release published on Emerce.nl.
Score has started a pilot for crypto payments. For now that is only in the Score store in Westfield Mall of The Netherlands, the largest indoor shopping center in the country, located in Leidschendam. If this trial is successful, this payment option may also be rolled out to other Score stores.
In addition to bitcoin, the retailer also accepts bitcoin cash (BCH), ethereum (ETH), litecoin (LTC), dai (DAI) and usd coin (USDC). In an interview with Fashion United However, Score CEO Frank Huisman reports that the store will not store crypto: “we will convert it directly into Dutch currency, the euro.”
The press release also maps a recent MarketEffect research at. It showed that there are now 700,000 Dutch crypto investors and another 3.5 million interested. Furthermore, Score reports that it uses Coinbase Commerce, the payment provider of the massive US cryptocurrency exchange.
“’Score is the men’s jeans destination!’ So we know what interests men and know their needs. Based on this knowledge, we are today one of the first retail players to capitalize on the growing success of crypto coins. With this we strengthen our services and we invest in the future of payments.”
According to Huisman. In addition, Jonathan Knegtel of research agency Blockdata reports the following in the press release:
“Blockchain and cryptotechnology are only in their infancy, yet we see that not only consumers but also billion-dollar companies are innovating vigorously and integrating blockchain into their business. This is the first step to a whole new retail experience for the consumer. We are pleased to see that this is finding its way to consumers not only in the United States, but also in the Netherlands through SCORE.”