Tech

Newegg starts accepting Bitcoin in Canada

by Stephen Hui on August 26th, 2014 at 5:00 AM
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      Sure, Amazon doesn't yet accept Bitcoin. But Dell, Expedia, and Overstock.com do.

      Almost two months ago, Newegg became one of the latest online retailers to start taking payments with the digital currency—but only in the U.S. Starting today (August 26), Newegg, which sells electronics, is extending this payment option to its Canadian customers.

      "Newegg is deeply committed to growing its business internationally ­- serving customers overseas, introducing new products from key Asian markets and evolving the way we transact with our global customer base," Soren Mills, chief marketing officer of Newegg North America, said in a news release. "Extending bitcoin acceptance to our Canadian customers is yet another important milestone as we build the company's international presence."

      All prices remain listed in dollars. BitPay is converting Bitcoin payments to dollars for Newegg.

      The California-based retailer is running a promotion on August 26 and 27 in Canada (and from August 30 to September 1 in the U.S.), offering customers paying with Bitcoin $75 off purchases over $300 or $150 off purchases over $500.

      In Vancouver, a number of businesses allow customers to pay with Bitcoin. SFU is considering a Bitcoin pilot project on its campuses.

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