08/03/2024
We are thrilled to announce that CoinsPaid Enables Crypto Payments for ALVADI.
Alvadi.ee Auto Parts is an Estonian-based auto parts retailer with over 300 thousand clients and five million details in assortment. By February 2024, they had delivered over 1 million orders worldwide. By integrating crypto payments, ALVADI expects to gain access to a broader and more tech-savvy audience and streamline the payment experience for its customers.
The partnership between CoinsPaid and ALVADI reflects a growing trend of crypto adoption and indicates a shift in business and consumers' attitudes toward the way money is operated. According to a CoinsPaid survey, over 64% of the respondents are interested in cryptocurrency as a means of payment. While 75% engage in digital currencies for investment purposes, 41% use them for purchasing goods or services, with this figure soaring to 58% among the 25-34 age group. Obviously, the collaboration between CoinsPaid and ALVADI will set a new standard for the retail industry and encourage others to adopt crypto.
Max Krupyshev, CoinsPaid CEO, states, “CoinsPaid helps businesses get paid in digital assets in a simple way. Collaborating with ALVADI enables us to introduce cryptocurrency payment options to a wider audience. As crypto becomes more accepted, partnerships like ours demonstrate how they can be used in everyday life. Estonia's tech-savvy setup is just the right place for such innovations.”
ALVADI’s CEO Evgeny Pshenichnikov added “Partnering with CoinsPaid provides our customers with a greater variety of payment options, enhancing convenience and security. It reflects our ongoing effort to adopt technologies that improve customer service. Estonia has always been ahead in digital transformation, and by incorporating cryptocurrency payments, we contribute to this legacy.”
