18 Apr '13, 2pm

Online Retailers Accept Bitcoin Payments

Online Retailers Accept Bitcoin Payments

Online Retailers Accept Bitcoin Payments Author: Marv Dumon Published: April 18, 2013 at 7:25 am Share Tweet On Wednesday, two online retailers began accepting digital currency Bitcoin as one of their acceptable forms of payment. The historic move is expected to encourage other online retailers and some bricks-and-mortar stores to follow suit. On April 17, Foodler announced on its website that customers can now use Bitcoin in all 12,087 restaurants for their food deliveries and online orders. The popular site is an online ordering service that connects hungry consumers with a variety of restaurants for their takeout needs. On Wednesday, it became the first merchant in the food industry to accept Bitcoins. To use the virtual cash, the company outlined an innovative process for electronic payments: Customer’s deposit will be converted to USD “Foodler credits” Current USD exc...

Full article: http://technorati.com/business/article/online-retailers-a...

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