THE LIST, a luxury fashion platform based in Dubai, now accepts crypto payments thanks to the new partnership with BitBay Pay, with which it created the dedicated THE LIST App, achieving a leadership position in the luxury sector that offers crypto payments.
Thanks to the collaboration with BitBay Pay, which manages bitcoin and other crypto payments, the fashion platform has now integrated the new THE LIST App, already downloadable only for iOS devices from the Apple App Store.
THE LIST is an e-commerce company focused on the Middle Eastern market that sells a wide range of fashion designs and luxury products from the best boutiques in the world.
According to what has been reported, the new transactions integrated within the application will allow making payments only with bitcoin for now, whereas at a later time the user will be able to choose among 20 other cryptocurrencies such as Litecoin, Ether, Lisk, Tron and XRP, directly from their smartphones.
Andreas Skorski, founder and CEO of THE LIST, says:
“Due to the growth of e-commerce and the high mobile penetration digital payment solutions have experienced significant growth. We see cryptocurrency as an enduringly relevant currency, not just a trend”.
It seems that even for luxury consumers, the use of crypto has become one of the preferred means of payment and is expected to continue to grow in adoption.
In addition, users will not have to enter any information in order to use THE LIST App, which can be used by clicking and making transactions directly from the wallet integrated within the app.
At the moment there is a promotion in progress: for those who download the app, there’s 10% discount voucher on products purchased with cryptocurrencies.