MTN Shop now accepting cryptocurrencies
Thursday, 11 March 2021
mtnMTN - ‘paying via cryptocurrency limits the amount of personal information an individual must provide’
Ireland - MTN Shop, an E-commerce platform offering workwear, safety products, and rigging & lifting equipment is following in the steps of some of the world’s largest companies by accepting cryptocurrency as an online payment method. Through Coinbase, the cryptocurrency exchange, customers will now be able to purchase products from MTN Shop with the likes of Bitcoin, Ethereum and Litecoin.
Speaking on the company’s decision to accept payment via cryptocurrency, Ron Rose, MD, stated, “Creating a crypto friendly shopping experience is just another step forward in catering to the unique needs of our global customer base. At MTN, we pride ourselves on being a first mover and are keen to support the continual progress of the industries we serve as we help bring them into the digital age.
“MTN understands that cryptocurrency is still a relatively unknown method of payment for many. However, one of the main benefits to paying via cryptocurrency is that it limits the amount of personal information an individual must provide. When making a transaction, individuals will simply be required to enter the payment amount and the vendor’s public key (similar to an email address) via a Wallet app. Therefore, the only personal information required by MTN will be the individual’s name and shipping address.”

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