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CEX.IO Partners with Jacob & Co. to Enable Crypto Payments for Luxury Products

CEX.IO Partners with Jacob & Co. to Enable Crypto Payments for Luxury Products

FINTECH BANNER

International cryptocurrency exchange CEX.IO, announces a new partnership with the prominent luxury jewelry and watch manufacturer Jacob & Co. As part of the two companies’ cooperation, Jacob & Co. will onboard 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”

Cryptocurrency transactions will be powered by CEX.IO’s digital asset payment gateway solution – CEX.IO Pay. Initially, the luxury items creator will allow its customers to pay with Bitcoin and Ethereum, with more cryptocurrencies to follow.

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It will take customers only a few steps to settle an order with crypto. Upon selecting a product, the system will determine its price in crypto equivalent. Afterwards, the buyer scans a QR code via his smartphone to settle the order via a cryptocurrency payment.

“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,” says Konstantin Anissimov, Executive Director of CEX.IO.

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“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,” stated Benjamin Arabov, CEO of Jacob & Co.

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