Marks Jewelers Partners With Shopping Cart Elite to Accept Bitcoin Diamond and Other Cryptocurrency Payments

MONTGOMERYVILLE, Penn., October 16, 2018 (Newswire.com) - Marks Jewelers is pleased to announce that it is becoming one of the first retailers to accept payments in cryptocurrency, in partnership with e-commerce platform Shopping Cart Elite. Marks offers a broad selection of fine diamonds, engagement and wedding rings, jewelry and timepieces, and even offers customization services. By now accepting cryptocurrencies Bitcoin Diamond (BCD), Bitcoin Cash (BCH), Bitcoin (BTC), Bitcoin Gold (BTG), Dash, Ethereum (ETH), Litecoin (LTC) and Zcoin (XZC), Marks is giving customers around the world access to fine-quality jewelry.

Over the past few years, cryptocurrency has emerged as the next evolution of currency, thanks to its convenience, cost-effectiveness and decentralization. It matches the functionality of traditional fiat currency and goes beyond in efficiency, accessibility and security. In 2009, the first cryptocurrency, Bitcoin, was created and hundreds of other digital currencies have since emerged. By December 2017, the market capitalization of all cryptocurrencies reached a staggering $600 billion.

We're very excited to begin accepting cryptocurrency payments from our customers around the world. This will allow us to make our fine jewelry available to the global market while paying lower fees and avoiding chargebacks. Marks has long been known for our meticulous craftsmanship and curated selection, and we are thrilled to open our store to the world.

Joshua Rubin, Director of Marketing

"We're very excited to begin accepting cryptocurrency payments from our customers around the world," said Joshua Rubin, director of marketing for Marks Jewelers. "This will allow us to make our fine jewelry available to the global market while paying lower fees and avoiding chargebacks. Marks has long been known for our meticulous craftsmanship and curated selection, and we are thrilled to open our store to the world."

By paying with cryptocurrency, customers around the world now have unprecedented access to Marks’ vast collection of jewelry with lightning-fast transactions that take just minutes to process. Furthermore, thanks to drastically reduced transaction fees (less than a penny), eliminated currency conversion fees and freedom from chargebacks, Marks Jewelers is able to pass on even more savings to customers buying their next dazzling piece of jewelry.

By providing customers with a wide range of payment options, Marks Jewelers is adding a new dimension to the customer experience.

About Marks Jewelers

With Marks Jewelers’ broad selection of fine diamonds and jewelry, intimacy is at the fingertips. For more than 35 years, Marks has been proudly investing in leading technology to provide its customers with the world’s finest diamonds and customization services. Offering flexible financing options, a lifetime warranty and 100 percent upgrade policy, Marks Jewelers puts the needs of their customers at the core of the business.

Press Contact:

Joshua Rubin
Phone: (888) 627-5557
Email: [email protected]

Source: Marks Jewelers