Gucci Stores Soon to Accept Cryptocurrency

Yes, you read it right. The iconic Italian fashion brand Gucci is going to accept cryptocurrency as one of the payment modes later this month in some selected stores in cities like- New York, Las Vegas, Miami, Los Angeles, and Atlanta.

Gucci is casting a vast digital currency net. The stores will accept a total of 10 cryptos including Bitcoin, Bitcoin Cash, Shiba Inu, Dogecoin, and Ether. The brand is planning to roll out a campaign for crypto acceptance to all the stores it operates in North America directly by the end of the summer.

There is a certain process to be followed to make a payment with crypto. In a store, if customers want to pay with crypto an email will be sent that will take them to a QR code and they can transfer their digital currencies.

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The company is already functioning in the metaverse. And this drive is one of its latest explorations of digital commitment. The company has also launched NFTs to engage with its customers.

But high-ticket items like Gucci products are a quite crypto gamble. The fluctuations in the market could be found. Like you spend a certain amount on a bag or other product and it will be double in a few months.

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Anupama Das

An active reader and follower of news. A budding journalist tries to spread authentic news to people.

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