MoreFrom, a close to 30-year-old information technology merchant has adopted Bitcoin, Ethereum, DigiByte, Dash, and UTK courtesy of Switzerland-based Utrust, a blockchain payment tech making it simple for businesses across the globe to adopt cryptocurrency as a means of payment.
The collaboration between Utrust makes it possible for MoreFrom, an IT merchant with an online store having over 200,000 goods, to accept bags of cryptocurrencies as a payment option on their online platform.
A release by Utrust, shows that the increasing users of MoreFrom can relax and pay using Utrust’s seamless payment solution. Utrust is racing to bring cryptocurrencies to the mainstream with its leading blockchain solution.
MoreFrom is based in Sheffield, UK and has received various awards as an IT independent retailer. Known for selling IT goods, MoreFrom offers consumer technology products that include phones, office, electrical, gaming and importantly, computing.
Customers on MoreFrom can now buy products using cryptocurrency with the highest standard of buyer protection.
MoreFrom started selling IT equipment via mail order in 1992 and grew to become an online business in 2003. The firm has thousands of customers, with over 3000 Amazon reviews and more than 5000 reviews on eBay.
The over 200,000 products on the platform from around 600 brands can now be easily acquired using Utrust’s native token UTK, and Bitcoin (BTC), Ethereum (ETH), DigiByte (DGB), DASH.
The avenue guarantees buyers and MoreFrom adequate protection, reduce processing fees, and completely eradicate chargebacks and fraudulent payments.
Integrating Utrust’s payment solution into MoreFrom gives the business the advantage to compete in a growing business projected to be €19 billion and £5.2 billion in 2020 and 2021 respectively, says Utrust CEO, Nuno Correia.
To MoreFrom’s Managing Director, Chris Wheater, adopting cryptocurrency pushes business to the fore and brings about the highest form of security and trust needed to keep a business growing.
“Thanks to Utrust, MoreFrom remains at the forefront of the industry introducing cryptocurrency payments to provide the best possible buyer experience for our consumers,” he added.
Cryptocurrency is gradually becoming a necessity for businesses across the globe. Companies are beginning to stay atop with the adoption of Bitcoin and some other digital assets due to payment ease which the currencies offer.