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Online lighting supplier Semperlite has announced that it will accept payments in cryptocurrency, powered by e-commerce project Chimpion. Established in 2007, Semperlite is an on-demand lighting specialty distributor that stocks the items and brands requested by their customers. By now accepting an array of coins that includes Bitcoin Diamond (BCD), Bitcoin Cash (BCH), Bitcoin (BTC), Dash, Ethereum (ETH), Litecoin (LTC), and Zcoin (XZC), Semperlite is making its expertise available around the world.
“At Semperlite we specialize in rare, hard-to-find lighting items and we hated the thought of someone not being able to get the product they need just because they’re in a different country,” said CEO Nancy Needham. “That’s why we decided to start selling with cryptocurrency. It makes it practical for us to sell internationally without the high processing fees.”
By paying with cryptocurrency, customers around the world now have unprecedented access to Semperlite’s vast collection of lighting equipment through near-instant transactions that take just minutes to process. Furthermore, thanks to drastically reduced transaction fees (less than a penny), eliminated currency conversion fees, and freedom from chargebacks, Semperlite is able to pass on even more savings to their customers.
Over the past several years, cryptocurrency has emerged as the next evolution of currency, thanks to its convenience, cost-effectiveness, and decentralization. Designed as a means of transaction as peer-to-peer electronic cash, it matches the functionality of traditional fiat currency and goes beyond in efficiency, accessibility, and security. Bitcoin, the first cryptocurrency, was launched in 2009, and hundreds of other digital currencies have since followed. In December 2017, the total market capitalization of cryptocurrency reached a staggering $818 billion, subsequently correcting above $200 billion.
Semperlite’s founders noticed that many lighting items homeowners were looking to replace had been discontinued by their manufacturers. Instead, these companies suggested replacement items that were either too long, had different wiring, required additional parts or were flat out incorrect. Since 2007, Semperlite has sought to change this by keeping discontinued products in stock and verifying suggested replacement products.
With more than 75 years of combined lighting experience in electrical, manufacturing, wholesale, installation, and engineering, Semperlite’s two founders share the goal of providing the best online retail experience in the specialty lighting industry through in-depth understanding of the mechanics of each light fixture.
Chimpion is a cryptocurrency e-commerce platform that enables any merchant to begin accepting cryptocurrency payments online. By holding Chimpion’s Banana Token (BNANA), merchants can gain access to Chimpion’s robust crypto e-commerce platform for free, without needing to pay a monthly subscription fee. Chimpion was developed using technology from Shopping Cart Elite, Paytomat, and Bitcoin Diamond (BCD) and combines comprehensive e-commerce features with convenient payment processing.
Chimpion’s primary goal is to drive the adoption of cryptocurrency as a payment solution by operating a rich e-commerce platform centered around digital assets. New startups and established merchants alike can become part of Chimpion’s vast network to take advantage of its fast and affordable transactions and user-friendly infrastructure.
About Bitcoin Diamond (BCD)
Bitcoin Diamond is a Bitcoin fork that was created to solve the slow transaction confirmations and high threshold requirements of Bitcoin. Through BCD Pay, business owners are able to offer their products to a global market without needing to absorb expensive fees from international payments. Furthermore, with BCD Pay, business owners do not have to worry about costly chargebacks from indecisive or fraudulent customers.
Earlier this year, BCD debuted BCD Bazaar, an international marketplace that gives customers access to a wide range of products from across the world by accepting payments in Bitcoin Diamond (BCD) or Bitcoin (BTC).