The Mexican retail giant, Elektra’s owner, Ricardo Salinas Pliego announced that they will now be accepting Bitcoin as a payment method. Ricardo took to Twitter to make the announcement while also declaring that Elektra is the first ever retail store in Mexico to start Bitcoin payments.
This initiative is in collaboration with the ultimate crypto payment gateway, Bitpay, which the customers will use in order to process their BTC transactions. Although, taking the volatile nature of Bitcoin into account, the retail chain asserted that any return or cancellation request upon making the payment via Bitcoin, will lead to refund paid back in Mexican pesos
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