Breitling Now Accepts Bitcoin Payments For Its Luxury Timepieces
Milestone Date: June 28, 2022
Luxury watchmaker, Breitling, is following in the footsteps of TAG Heuer and Hublot by accepting Bitcoin as a form of payment. The Swiss watchmaker known for some of the most exquisite timepieces has leveraged BitPay’s cryptocurrency payment services to its website to allow customers to use BTC as a payment option.
The fashion industry has seen a rise in the acceptance of Web3 and luxury watchmakers have been major players in the adoption. New and legacy Breitling customers alike can invest in their watch collection by simply purchasing on Breitling and checking out and paying with Bitcoin. BitPay supports Lightning Network in its payment processing platform—this is what enables millions of shoppers around the world to make faster and more cost-effective Bitcoin transactions than what is offered by the Bitcoin public distributed ledger itself.
Retail enterprises are being primed to provide cryptocurrency payments as the technology evolves—regardless of the price of BTC. As the industry, adoption, and technology matures, the ability to make low-cost transactions using Bitcoin will improve the customer experience and broaden payment options.
By Elizabeth Morrison
Published:June 28, 2022