Technology

Overstock will now accept Bitcoin as payments internationally

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This morning Overstock (NASDAQ: OSTK) has launched an updated international checkout system which now provides international customers the option to pay with Bitcoin (on January 9, 2014, Overstock became the first major online shopping site to accept the cryptocurrency).

“Bitcoin has been readily adopted in countries outside the United States, yet the opportunities to spend Bitcoin internationally are extremely limited,” states Overstock.com CEO Patrick M. Byrne. “We’re pleased to offer this service to the millions of Bitcoin users in other countries and believe they will respond enthusiastically. With this move, Bitcoin has indeed become a borderless currency that permits its holders to buy and take delivery of millions of products.”

International customers can shop the Overstock website for any of the nearly 2 million products available, including furniture, rugs, apparel, electronics and jewelry. Now, a customer anywhere on the planet can select an item, place it in her shopping cart, pay for it with Bitcoin.