Cars for Crypto – How the Automotive Industry Is Driving Business Growth
Singapore’s leading car dealership has partnered with dtcpay to accept cryptocurrency payments.
19 Apr 2023 • 2 mins Read
Supreme Cars, Singapore’s leading car dealership has partnered with dtcpay to accept cryptocurrency payments, which include UDSC, Tether USDT, Ethereum and Bitcoin as crypto payments.
Supreme Cars is one of the merchants that offer solutions to buyers looking to purchase a car with cryptocurrency. Accepting crypto payments can help Cars & Coffee access new customer segments and provide more payment options to their customers. With the rise of cryptocurrency as a legitimate payment method, many businesses are looking to integrate it into their payment systems.
Supreme Cars is no exception, as it recognizes the growing demand for crypto payments from its customers. By partnering with dtcpay, a trusted and reliable crypto payment provider, Cars and Coffee aims to offer a seamless and secure payment experience to its customers.
“We’ve decided to partner with dtcpay because they are trusted and licensed by the Monetary Authority of Singapore (MAS) and as an early believer and investor in blockchain technology, we’re confident that blockchain in the automotive industry has the potential to bring significant benefits.”,
General Manager of Supreme Cars
This innovation will reduce the cost of transaction fees and open access to crypto wealth clientele and provides consumers with greater convenience and experience. And sooner the better, for first movers will have the opportunity to lead by tapping into the profitability potential of a differentiated and disruptive offering.
- Limited digital payment options
- High transaction fees
- Incapabilities to provide crypto payments
- Fraudulent chargebacks occur
- Improved profits with lower transaction fees
- Access to crypto wealthy clientele
- Zero chargeback for crypto payments
- Low FX risks for different payment options
Mega Store@ Carros Centre 60 Jalan Lam Huat Level 6, Carros Centre Singapore 737869