Daily Dealy Canada

Daily Dealy Canada

November 12, 2014 15:41 ET

DailyDealy.net Now Accepts Bitcoin

- Bitcoin acceptance started November 1st

- Largest flash sale company to-date and first flash sale company to accept "cryptocurrency"

- Coinbase selected as payment processor

TORONTO, ONTARIO--(Marketwired - Nov. 12, 2014) - DailyDealy today announced that it will become the largest discount deals company to accept Bitcoin. As the first subscription model flash sale company to make this move, DailyDealy began accepting Bitcoin payments from customers starting last month.

"We always want to deliver choice and convenience for our customers and that includes the method they use to buy the products they love," said Ralph Idema, DailyDealy Executive Chairman and Chief Operating Officer. "Bitcoin is becoming a preferred way for some people to transact and we want to accommodate those individuals. Adding Bitcoin as an accepted currency and method of payment is central to our strategy of being a leading edge company."

DailyDealy has selected Coinbase as the payment processor for Bitcoin transactions with customers who choose to make purchase online with the Bitcoin wallet of their choice. DailyDealy will use Coinbase's Instant Exchange™ feature to exchange Bitcoin payments to U.S. dollars at the moment of the transaction.

The Bitcoin payment option will be available for DailyDealy customers choosing to shop online. Customers will have the option to make any payment online via credit card, debit card or bank account.

About DailyDealy.net: DailyDealy.net is changing the face of online shopping by offering the absolute lowest prices on the items consumers truly want and need. DailyDealy created the online flash sale business model as a new means to sell their brand name refurbished electronics and authentic vintage and closeout women's luxury goods to die for. Built solely off the power of spectacular discounts, DailyDealy has delighted its customers with high quality jewelry, electronics, housewares and more since its founding in 2014. DailyDealy is building a service-centric brand dedicated to keeping its customers excited, loyal, and constantly surprised by what they find, at prices that make purchasing a no brainer.

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