More companies are starting to adopt cryptocurrency. Crypto is a cheaper, faster and better payment option. One of the reasons that more people are using this option is because of the decrease in market volatility. RPM Outlet, which is a dealer that sells auto parts, announced that it was going to start accepting Crypto last week. The company is based in Phoenix, Arizona.
H & M Distributors is a wholesale company that is based in Henderson, Nevada. They recently announced that they were going to start accepting Bitcoin Cash ABC, Bitcoin Core, Ether and Bitcoin Diamond and other forms of digital currencies. They were able to make this possible by partnering with Chimpoin. This is the main Crypto eCommerce platform that merchants use.
Herb Needham is the founder and CEO of H & M Distributors. He stated that the company has been in business for over 20 years. It is a specialty lighting company. He stated that the reason the company is accepting cryptocurrency is because they want to make it easier for people to purchase their products internationally. He also said that they have a system that allows them to convert crypto payments into U.S. dollars.
H & M Distributors sells compact fluorescent lights that are resistant to shatter. The company also sells a variety of other products such as LED lighting, refrigeration parts, sockets and exit signs. It is an on-demand stocking master distributor. This means that it stocks its products based on the demand and needs of its customers.
More people in the retail world as starting to embrace crytocurrency. Many people who are opposed to cryptocurrency stated that the system will be over soon. However, it continues to grow in popularity. More financial spaces will start to use cryptocurrency over the next two years because of the benefits that it offers.