Copy link
Increase text size
Decrease text size
Link copied

Fashion group Philipp Plein to accept Bitcoin, Ethereum, other cryptos

Global fashion label, the Philipp Plein Group, is set to become the first major fashion brand to accept crypto as payments including BTC and ETH.

Philipp Plein / Image by: Wikimedia Commons

Mon, 09 Aug 2021, 04:29 am UTC

Cryptocurrency has now entered the world of fashion. Global fashion label, the Philipp Plein Group, is set to become the first major fashion brand to accept crypto as payment.

In a press release on August 3, the Philipp Plein Group announced that it will soon start accepting payments. The company added that it will honor 15 cryptocurrencies including the world’s largest digital currency by market cap Bitcoin (BTC) and Ether (ETH), the native crypto of the Ethereum network.

Crypto will be accepted as payment by many of the company’s brick and mortar retail outlets worldwide as well as on its e-commerce platform www.plein.com. The acceptance of digital currency payments is made possible by the fashion group’s partnership with Coinify, the crypto payments platform owned by Voyager Digital, according to Coindesk.

German designer Philipp Plein, who founded the Switzerland-based fashion brand, and his group have always been at the forefront of innovation and are always seeking ways on how to apply new technologies to the fashion industry. For instance, the company is also among the first global brands to set up its own in-house e-commerce platform.

The company expects its e-commerce platform to reach a record turnover of 100 million euros this year, making it the brand’s most lucrative channel. With its recent embrace of digital currencies and its commitment to the digital world, the Philipp Plein Group is once again ahead of the curve among its peers.

“Being among the most progressive and disruptive fashion brands is nothing new for PHILIPP PLEIN,” the German designer said. “I believe that cryptocurrencies are the future and my team and I have made a major commitment in time and resources, performing all necessary system modifications in order to adopt this new type of currency. I am very pleased to be able to offer to our customers this additional payment tool and the flexibility associated with it.”

TokenPost | [email protected]

<Copyright © TokenPost. All Rights Reserved. >

To leave a comment, please sign in.
  • Moses
  • 2021.09.27 23:27:28
I am a crypto currency trader and i make over 200% daily trading all day and night and also by passing even when market is down and others are resting , If you are interested, I can teach you how to trade and also help you achieve your goal in life with crypto i can turn 4 btc into $340,000.00 in less than four weeks, now that bitcoin has high prices...please note that crypto currency trading is bitcoin unlike binary and Forex,bitcoin is traded for altcoins , bitcoin can also be traded for Ethereum, Litecoin, United States Dollar, Ripple, Euro, IOTA, and other stocks you need to put to trading on a daily basis with a very correct strategy and a target of profit as you get into the trading market with your capital. Also you can reach to me if you are new to bitcoin and to give you more info and guideline on how to invest smartly, this is opportunity life time knocking on your door ???? inbox me for more info....contact me on [email protected]
Note it’s always better to learn on how to trade yourself than let another take advantage of your hard earned money and keep on promising you its better you just inbox to learn I don’t help anyone in trading thnk you and God bless you.
  • 0
  • ·
  • 0
More
  • Bitcoin (btc) $49,006.00 (-0.93%)
  • Ethereum (eth) $4,152.46 (+0.76%)
  • Binance Coin (bnb) $554.70 (-2.47%)
  • Tether (usdt) $1.00 (+0.07%)
  • Solana (sol) $191.42 (-7.68%)
  • Bitcoin (btc) $49,006.00 (-0.93%)
Jul 15, 2021 (Thursday)
13:30
BTC Surges by 1.16% Within 5 Mins, Marking 31,824.01 USDT
12:06
BTC Surges by 1.12% Within 5 Mins, Marking 32,104.8 USDT
10:25
BTC Drops by 1.03% Within 5 Mins, Marking 32,171.88 USDT
02:13
TriumphX Scouts 'MINAMCOMPANY' CEO Woo-Seong Lee As Creative Director
02:00
ETH Tops List Of Crypto Net Inflow With $298.96 Mln In Past 10 Hours
Jul 14, 2021 (Wednesday)
13:14
BTC Surges by 1.03% Within 5 Mins, Marking 32,738.08 USDT
09:03
BTC Surges by 1.01% Within 5 Mins, Marking 31,899 USDT
02:30
Crypto Market Sentiment On Jul 14: Market In "Extreme Fear"
02:00
ETH Tops List Of Crypto Net Outflow With $224.97 Mln In Past 10 Hours
Jul 13, 2021 (Tuesday)
02:30
Crypto Market Sentiment On Jul 13: Market In "Extreme Fear"
02:00
ETH Tops List Of Crypto Net Outflow With $178.61 Mln In Past 10 Hours
Jul 12, 2021 (Monday)
02:30
Crypto Market Sentiment On Jul 12: Market In "Extreme Fear"
02:00
BTC Tops List Of Crypto Net Inflow With $164.82 Mln In Past 10 Hours
Jul 11, 2021 (Sunday)
21:31
BTC Surges by 1.02% Within 5 Mins, Marking 34,475.6 USDT
10:00
ETH Tops List Of Crypto Net Inflow With $122.76 Mln In Past 18 Hours
06:17
SOBA Listed On LATOKEN
02:30
Crypto Market Sentiment On Jul 11: Market In "Extreme Fear"
02:00
BTC Tops List Of Crypto Net Outflow With $87.56 Mln In Past 10 Hours
Jul 9, 2021 (Friday)
21:40
BTC Surges by 1.08% Within 5 Mins, Marking 33,911.8 USDT
02:30
Crypto Market Sentiment On Jul 09: Market In "Extreme Fear"
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.
PUBLISHsoft