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H&M Distributors, Inc. to Accept Cryptocurrency Payments Including Bitcoin Diamond



American wholesaler now increasing their fee choices to incorporate cryptocurrency

Press Release up to date: Feb 8, 2019 09:00 EST

American wholesaler H&M Distributors, Inc. has introduced that it’ll settle for bills in cryptocurrency. Since its inception in 1997, H&M Distributors has established itself as offering cost-effective substitute ballasts, lampholders, and lampholder equipment. Through a partnership with crypto e-commerce platform Chimpion, outlets can now acquire merchandise from H&M Distributors in Bitcoin Diamond (BCD), Bitcoin Cash (BCH), Bitcoin (BTC), Dash, Ethereum (ETH), Litecoin (LTC), Zcoin (XZC), and extra.

“After more than 20 years in the business, we consider ourselves experts in specialty lighting,” stated founder & CEO Herb Needham. “Accepting cryptocurrency payments allows us to share that expertise with even more clients by removing many of the barriers that made it difficult to sell internationally before. What sold us was the settlement system, which allows us to convert crypto payments to a USD equivalent right away.”

By paying with cryptocurrency, outlets all over the world could have exceptional get right of entry to to H&M Distributors’ huge choice of merchandise with lightning speedy transactions that take simply mins to procedure. Furthermore, because of vastly diminished transaction charges (not up to a penny), eradicated forex conversion charges, and freedom from chargebacks, H&M Distributors is in a position to go on much more financial savings to their consumers.

Over the previous a number of years, cryptocurrency has emerged as the following evolution of forex, because of its comfort, cost-effectiveness, and decentralization. Designed as a method of transaction as peer-to-peer digital money, it fits the capability of conventional fiat forex and is going past in potency, accessibility, and safety. Bitcoin, the primary cryptocurrency, was once introduced in 2009, and masses of alternative virtual currencies have since adopted. In December 2017, the overall marketplace capitalization of cryptocurrency reached a staggering $818 billion, therefore correcting above $200 billion.

About H&M Distributors, Inc.

Launched as a imaginative and prescient of CEO Herb Needham in 1997, H&M Distributors, Inc. began out via distributing Shatter-Resistant Fluorescent gentle bulbs from a patent evolved and designed via Herb Needham, and was once later bought to GE Lighting because the Cov-R-Guard Fluorescent.

Today, H&M Distributors has transform an “On-Demand Stocking Master Distributor,” which means that they construct their stock in response to the wishes their consumers specific. This stock is complemented via a an expert Technical Support staff to lend a hand with product crosses, wiring, and some other technical data.

About Chimpion

Chimpion is a cryptocurrency e-commerce platform that permits any service provider to start out accepting cryptocurrency bills on-line. By conserving Chimpion’s Banana Token (BNANA), traders can achieve get right of entry to to Chimpion’s tough crypto e-commerce platform totally free, with no need to pay a per month subscription charge. Chimpion was once evolved the use of generation from Shopping Cart Elite, Paytomat, and Bitcoin Diamond (BCD) and combines complete e-commerce options with handy fee processing.

Chimpion’s number one purpose is to force the adoption of cryptocurrency as a fee answer via running a wealthy e-commerce platform targeted round virtual property. New startups and established traders alike can transform a part of Chimpion’s huge community to profit from its speedy and reasonably priced transactions and user-friendly infrastructure.

About Bitcoin Diamond (BCD)

Bitcoin Diamond is a Bitcoin fork that was once created to resolve the sluggish transaction confirmations and top threshold necessities of Bitcoin. Through BCD Pay, industry house owners are ready to provide their merchandise to an international marketplace with no need to take in dear charges from world bills. Furthermore, with BCD Pay, industry house owners would not have to fret about expensive chargebacks from indecisive or fraudulent consumers.

Earlier this 12 months, BCD debuted BCD Bazaar, a world market that provides consumers get right of entry to to a variety of merchandise from internationally via accepting bills in Bitcoin Diamond (BCD) or Bitcoin (BTC).

Media Contact:
Herb Needham

Source: H&M Distributors, Inc.

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