Camper & Nicholsons International accepts cryptocurrencies

Presumably, not all of us have the wherewithal to buy a luxury yacht. But for those who are strangers to such problems, there is now good news: Camper & Nicholsons, the world’s leading provider of luxury yachts, will in future also accept cryptocurrencies for the payment of goods and services. They will be using the services of BitPay, the world’s largest provider of bitcoin and cryptocurrency payment services.

This is a timely decision, with which the boat builder is following the trend and thus appealing to new customer groups – but also a courageous, albeit correct, step for the 240-year-old company. In addition to yachts, the entire range of products and services can be paid for with cryptocurrencies. Paolo Casani, CEO of Camper & Nicholsons: “We decided to accept cryptocurrencies in order to expand our market, meet new consumer preferences and offer our customers more options, flexibility and freedom. BitPay manages the entire process and makes it easy and secure to receive crypto from customers and deposit funds into our account.”

Advantages of BitPay

With the sums that usually have to be plonked down for Camper & Nicholsons’ exclusive products, there are usually high fees involved in normal monetary transactions. The time factor also has to be taken into account for these amounts. With BitPay, you benefit from low fees, greater transparency and efficiency. Borders of countries or continents fade into the background when cryptocurrencies are transferred. The service enables payments with Bitcoin, Bitcoin Cash, Dogecoin, Ethereum, Litecoin, USDC and USDP, among others. The exchange rate risk is also non-existent, as the company receives the amount in FIAT currency on the business account on the next business day.

BitPay is delighted – Merrick Theobald, VP of Marketing at BitPay: “Camper & Nicholsons recognises the potential of cryptocurrencies to transform the yachting industry by making payments faster, safer and cheaper on a global scale. With the total market capitalisation of cryptocurrencies approaching $2 trillion, Camper & Nicholsons is now also well positioned to capitalise on this wealth by helping those crypto owners looking to purchase luxury goods such as yachts and yacht charters.”

Crypto Methuselah BitPay

BitPay was founded in 2011, making it one of the oldest companies in the industry. Those who have been around for so long have seen a lot and are therefore well positioned. Especially for corporate customers, the business solutions are interesting, which prevent fraudulent chargebacks, reduce the costs for payment processing and, above all, enable cross-border payments in cryptocurrency at reasonable costs. But they also have services for end consumers in their portfolio – such as managing their digital assets, as well as the BitPay wallet and a prepaid card, whereby digital assets can be converted into dollars and spent at countless businesses.

Whether you want to buy a yacht or remote-controlled boat, BitPay lets you do it with your cryptos.

Share This Story, Choose Your Platform!