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Jacob & Co to Accept Crypto Payments for Luxury Products

International cryptocurrency exchange CEX.IO has partnered up with the major luxury jewelry and watch manufacturer Jacob & Co in order to enable digital asset payments for its products.

CEX.IO is a trusted and internationally known cryptocurrency exchange that is on pace to process more than $14 billion in crypto transactions in 2021. We selected CEX.IO because of their positive reputation and credibility in the space.

 

Benjamin Arabov, CEO of Jacob & Co

Settling an order with crypto will be easy as customers are only required to make a few steps to do so. Upon selecting a product, the system will display the price in crypto equivalent. Then, the buyer can pay for the order in cryptocurrency by scanning a QR code via their smartphone.

Jacob & Co. stands out as a premium brand with a passion for creativity that finds solutions previously deemed impossible. This approach is close to us at CEX.IO, as we stand on the frontier of financial innovation, which also demands out-of-the-box thinking. This is in part why we decided to partner with Jacob & Co. And in doing so we intend to facilitate the transformation of the luxury industry and e-commerce at large.

 

Konstantin Anissimov, Executive Director of CEX.IO

Founded in 1986, the products at Jacob & Co are known for their designs, uniqueness and high quality. The company made its start as a small manufacturer and has grown to become a well-known and respected brand, forming partnerships with many celebrities and businesses.

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SuperCryptoNews is a global leading blockchain and crypto news provider, covering daily news on the latest tech and trading developments in crypto. We bring you expansive crypto news coverage especially in Asia, with a focus on Singapore, Thailand and Southeast Asia.

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