06 Jun '13, 12pm

Fashion E-Store Helps People Spend Their Bitcoins At Zara

Fashion E-Store Helps People Spend Their Bitcoins At Zara

With Bitcoins becoming an evermore popular form of currency, one startup called Bitfash is trying to help you spend them on clothing from top fashion brands. Launched in April by founders Chris Woods and Keyur Kelkar, the company is based in Australia and China The inspiration came from the idea that Bitcoin traders might want to do more than just hoard their hard-earned currency, and actually spend it on something. Bitfash acts as an intermediary between buyers and fashion retailers, meaning that once you use Bitcoins to make a purchase via the company’s web platform, they then go on to arrange the delivery from the seller. Their current roster includes Zara , Forever 21 and Mr.Porter , with a fourth on the way in the next few weeks. The company doesn’t actually have any commercial agreements with these companies, but they make sure to stick closely to the retailers’ poli...

Full article: http://www.psfk.com/2013/06/bitcoin-fashion-online-store....

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