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Swiss watchmaker TAG Heuer starts accepting Bitcoin

May 19, 2022
Adoption, Bitcoin, Business, News, Shitcoins

written by

Leon Siegmund

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BITCOIN NEWS,
May 19, 2022

Swiss luxury watchmaker TAG Heuer has announced to accept Bitcoin. From now on all online shop payments on its U.S. website can be sent via bitcoin (BTC).

In a press statement on May 19, TAG Heuer noted that the new payment option will incorporate Bitcoin and in addition 11 digital currencies (shitcoins), including Ethereum, Dogecoin, and five dollar-pegged stablecoins.

Under the pilot project, customers in the U.S. will be able to purchase watches and pay with bitcoin through the brands website. There is no minimum amount to spend while the maximum limited to $10,000 per transaction adhering to financial regulation. The company stressed that the new payment option was motivated by a rise in the number of customers using bitcoin.

Thanks to our partnership with @BitPay, we’re proud to introduce the #cryptocurrency payment on our US website.
Shop now in #Bitcoin, #Ethereum, #Litecoin or 10 other cryptocurrencies at: https://t.co/cnYeW0ogvx pic.twitter.com/nOYXLU2ace
— TAG Heuer (@TAGHeuer) May 19, 2022

In a similar fashion, airline Emirates and luxury brand Gucci have announced to adopt bitcoin as a medium of exchange.

Gucci to accept Bitcoin in US Stores

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Leon Siegmund

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