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Breaking News: Raydium DEX's AMM Program Exploited For $1.34 Million — Here's What Went Wrong

Global Logistics Provider Bongo International Accepting Bitcoin

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Last Updated: October 7, 2020 11:37 am
2 mins read

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One of the leading e-commerce and international logistics solutions providers, Bongo International, has announced on Wednesday that they’re one of the latest large companies here in the United States to embrace bitcoin, the emerging digital currency.

“We are literally writing a new chapter in the world of Bitcoin,” says company Chief Technology Office, Federico Lara. “Cross border ecommerce has always been a challenge. Bongo has been leading the way in international shipping. We work hard to look at every item, the laws, regulations and restrictions, to ensure people have access to everything they want from anywhere worldwide. By accepting alternative payment options, such as Bitcoin, we can level the financial playing field in much the same way we do with international shipping.”

For a company that already accepts some sixty forms of payment options (of which includes the typical like VISA and MasterCard, along with others like V Pay and Union Pay), bitcoin is just another way to serve its customers.

“We are supporting Bitcoin, we think people should have the right to commerce. Our philosophy is making it equal,” Lara said.

Being an international company, the company is using bitcoin to its advantage. Bitcoin, as many would call it, is an international currency. That means there’s no need to convert from one currency to the next and deal with sometimes costly exchange rates.

Above that, bitcoin payments are secure and nearly instantaneous, and they can’t be reversed by the sender.

Bongo International isn’t the only big bitcoin acceptance announcement of the day. As published earlier, major travel-booking website Expedia is now also accepting bitcoin for hotel bookings.

Florida-based Bongo International was founded in 2007 and works in the international cross-border e-commerce transaction space with both consumers and businesses.

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