Avnet Takes The Lead On Accepting Cryptocurrency

Avnet is working with BitPay to accept cryptocurrency for products and services. Today’s developers are looking for flexibility as they take their products to market, and this announcement provides Avnet customers with more convenient ways to complete their financial transactions.

 

“We’re working with BitPay to facilitate secure blockchain payments for all types of customers, so they can focus on developing their products, not how to pay for them. Whether it’s Bitcoin or Bitcoin Cash, we can handle it,” said Sunny Trinh, vice president of demand creation, Avnet.

 

When a customer elects to make a purchase with Bitcoin (BTC) or Bitcoin Cash (BCH), Avnet will work with BitPay to verify the funds, process the order and complete the transaction. Avnet and BitPay will also can manage and process cryptocurrency requests outside the U.S. on a country-by-country basis. BitPay processes more than $1 billion annually from thousands of merchants and B2B customers globally.

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