Luxury car dealer Exclusive Automotive Group (EAG) announced it partnered with payment service provider BitPay to accept crypto payments for its goods and services and attract new customers.
Merrick Theobald, Vice President of Marketing at BitPay, stated, “Luxury goods is one of the fastest growing segments for crypto purchases through BitPay and high-end autos are very popular.”
Exclusive Automotive Group is a factory-authorized dealer for Aston Martin, Bentley Motors, Koenigsegg, and Karma Automotive thus its acceptance of crypto payments paves the way for widespread crypto adoption in the automobile sector.
BitPay offers borderless payments using BTC, BCH, DOGE, ETH, LTC, WBTC, and stablecoins BUSD, DAI, GUSD, USDP, and USDC and eliminates crypto price volatility and risk to the client.
Mehdi Soltanian, General Sales Manager at Exclusive Automotive Group, stated, “Exclusive Automotive Group and our brands – Aston Martin, Bentley Motors, Koenigsegg, and Karma Automotive – have always been at the forefront of innovation and market trends, and we’ll continue to do so by offering our customers another method of payment that is convenient, fast, and secure.”
Compiled by Coinbold