It’s Christmas again and shoppers in Nigeria and globally are buying gifts and household items for the season.
While many use e-commerce platforms such as Jumia and Amazon which have made online purchases easier, these platforms do not offer the cryptocurrency alternative for an increasing number of millennial shoppers who seek to buy items using bitcoin or other cryptocurrencies.
It is a well known fact that during the yuletide season, shoppers have a hard time with fiat payments as most financial institutions are closed for holidays and banking services hence become very slow.
This is in contrast to crypto which offers 365/24/7 utility to users globally and is devoid of the banking delays and payment hurdles.
Bitcoin/crypto payments aid speedy transactions, no charge backs, no third party delays, and offer cheaper fees than fiat payments.
A setback to the acceptance of crypto payments by many retailers and stores has been the issue of ‘volatility’. However, with the current fundamentals and growing technology of the 10-yer old crypto industry championed by Bitcoin, there is room for solutions to this setback.
Now, let’s see top websites that accept bitcoin payments for choice items and travelling needs this holiday season.
Overstock.com ranks as a top choice shopping platform for Bitcoiners especially this Christmas season. It’s customers are offered a wide range of items to purchase including: TV sets, furniture, gift items, sports gear and more; using crypto as payment method.
The BTC payment process on overstock is simple: Select the “Pay with Bitcoin” option and follow the instructions.
Overstock.com does not support BTC payments on its mobile site, so you’ll need a PC. In cases of refund, Overstock pays the exact amount of crypto paid at the time of the transaction.
And yeah Overstock ships to Nigeria.
Newegg is the perfect platform for tech savvy bitcoin holders. Bitcoiners who seek to purchase latest electronics this Christmas will find the platform’s wide range of gadgets and brands very handy.
Items from personal computers, desktops, sound sytems, high-end gaming devices and more are available on Newegg.
Here, users can make BTC payment by choosing the product and scanning the provided QR code, then proceed to send the amount in bitcoin to the given address. After the funds have been sent, users receive a confirmation email containing purchase and delivery details. Easyyyyyyyyy.
Intrestingly, Newegg ships to Nigeria, and 7 other African countries.
There seems to be a crypto shopping website for everyone. At Olodolo, fashion lovers are served the latest clothing, jewelry and cosmetic items.
Olodolo specifically helps people buy items on Aliexpress using any of these 3 cryptocurrencies – Bitcoin (BTC), Litecoin (LTC) and Ethereum (ETH).
Delivery is available to a large number of countries worldwide; with the total to be paid including shipping and related tax specified on each order.
The Christmas season comes with lots of travel, as bitcoiners link up with family and loved ones after a good trading year. LOL.
CheapAir is the perfect choice for discounted flight tickets to choice destinations worldwide.
The platform features an easy process to book flights and complete payment using Bitcoin. The rate of BTC exchange is based on the value of the digital currency at the time of booking.
A great choice for travelers.
For people looking to send gift cards to their loved ones this Christmas, eGifter does the work.
eGifter enables customers to buy a wide range of gift cards from the choicest brands such as Amazon, Apple store, Adidas, Steam and GameStop gift cards.
Giftcards can be purchased here using digital currencies like Bitcoin, Dash, LTC and ETH.
On payment completion, the user receives the choice giftcard in either physical or digital e-code.
eGifter also offers regular customer discounts through a points system which on accumulation allows the user enjoy numerous benefits.
There’s so much more!!!
Note: This publication is simply a Guide not an endorsement of the retailer’s services. See reviews and policies applicable to your country before placing any orders.
Did you know? Nigeria’s Premier Bitcoin exchange- NairaEx has launched a new service named ‘NairaEx Pay‘ – a platform that allows you integrate and instantly process Bitcoin payments to Naira on your online retail store. See full details here.
Found this helpful? Like, Share, Comment and Shop.☺️☺️ Merry Christmas ⛄☃️
Japanese Gift Card Company – Amaten has announced it will partner blockchain network provider Aelf to issue tokenized gift cards on the blockchain; enabling giftcards to be exchanged and managed using blockchain technology.
Both companies look to curb fraud by enabling gift cards to be tracked from issuers to customers, to know where the card has been utilized or redeemed.
According to Amaten boss Tom Kanazawa, the current technology used to issue gift cards are obsolete and have failed to keep up with emerging digital trends and needs. In his words:
The current system and technology used for gift cards is completely obsolete and dates all the way back to the mid 90s. It still suffers from basic fundamental shortcomings and is very inconvenient. I believe that the gift card industry can be a perfect use case for blockchain. The two are a completely natural fit.
The chairman further states that the use of blockchain will ensure transparency and eradication of all gift card scam centres.
Amaten says its blockchain gift card options will kick off in Japan, with a subsequent spread to other countries including China and Korea.
It is worthy of note that the global gift card industry dominated by brands like Amazon, Apple iTunes and more, is worth over $340 billion; with Japan accounting for $21 billion of this figure.
From figures and transaction numbers, crypto, gift cards and other digital payments amount for over one billion transactions yearly; and this relevance is given further credibility as preference moves to cashless transactions and online purchases.
These statistics have steered global brands such as Coinbase to herald the era of crypto gift cards in a bid to offer more dynamic payment options. Although still in its early stages of development, it is predicted that whoever pioneers the blockchain giftcard niche will gain major traction.
What are your thoughts on Bitcoin Gift Cards/ Blockchain Gift Cards? Share in the comments.
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