Popular US Online Retailer Newegg to Accept Bitcoin as Payment in Canada

Bitcoin-canada

Newegg, a California-based ecommerce site that sells consumer tech products, is now accepting the world’s most famous cryptocurrency as payment from Canadian customers. Starting today customers north of the border can pay with Bitcoin.

Founded in 2001 (and its ‘.ca’ domain founded in 2008), the award-winning website has more than 25 million registered users. The company gains a sizeable amount of traffic from its Newegg.ca domain as well as its .com domain. It offers things like Lenovo H515s 57328086 Desktop PC E Series E1-2500 for $329.99, Microsoft Xbox One consoles for $499.00 and Seiki 40″ 1080p 60Hz LED TVs for $289.99.

newegg_canada_072908 “Newegg is deeply committed to growing its business internationally – serving customers overseas, introducing new products from key Asian markets and evolving the way we transact with our global customer base,” said Soren Mills, Chief Marketing Officer of Newegg North America. “Extending bitcoin acceptance to our Canadian customers is yet another important milestone as we build the company’s international presence.”

BitPay’s payment platform will handle Newegg’s bitcoin payments, refunds and payment exceptions.

“BitPay is very excited to help facilitate bitcoin payment acceptance for Newegg’s Canadian customers,” said BitPay CEO Tony Galippi. “The expansion demonstrates Newegg’s strong commitment to bitcoin and recognition of crypto-currency as a growing and important payment option for online retailers.”

To celebrate the expansion of bitcoin payments to Canada, Newegg is also running a special bitcoin promotion for shoppers on the site (both ca and .com). On August 26 and 27 in Canada, Newegg customers paying with bitcoin will receive a special discount of $75 off purchases over $300 or $150 off purchases over $500.

Joseph Czikk

Joseph Czikk

Joseph Czikk previously has written for the National Post, Montreal Gazette, Vancouver Sun, Regina Leader Post, Techvibes and BC Business Online. Joseph often goes crazy on twitter during NHL and NFL games.