DUBAI, United Arab Emirates, October 18, 2019 (Newswire.com) - GamerAll, an online retailer specializing in video game items and skins, has announced that it will accept payments in Bitcoin Diamond (BCD) and five other cryptocurrencies. GamerAll is one of many online services to adopt BCD as payment in recent years, following the growing popularity of cryptocurrency in the mainstream market.
GamerAll features an extensive product range of over 2,500 digital games spanning across platforms such as Steam, Origin, Battle.net, Uplay, GOG.com, Xbox One, and PS4. The website currently offers items and skins for popular games including CS:GO, Dota 2, Team Fortress 2, H1Z1, Rust, and Escape from Tarkov. With the acceptance of cryptocurrencies including Bitcoin Diamond (BCD), Bitcoin (BTC), Dash, Ethereum (ETH), Litecoin (LTC), and Zcoin (XZC), GamerAll is improving its accessibility to customers from all over the world.
"The global gaming industry is growing really fast and is becoming increasingly competitive," said owner Dmitriy Ryzhikov. "To reach new customers and better serve our current ones, we have decided to adopt cryptocurrency payments. With this new universal alternative payment method, gamers from every region in the world are able to easily access our products."
Cryptocurrency payments provide higher efficiency for both merchants and customers. With cryptocurrency, transactions can be verified in a matter of seconds at just a fraction of the fees charged by credit card processors. They also protect merchants from costly chargebacks and increase accessibility for digital currency-holding shoppers.
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 launched in 2009 as the first cryptocurrency, and hundreds of others have since followed.
GamerAll, launched in 2015, is an online retailer with a goal to become a one stop shop for gamers to access new releases for PC and consoles, top up their online wallets, fetch time cards, buy choice skins in the most popular online games, and order high performance VPNs. The company currently has around 20 employees with offices in the United Arab Emirates and China. GamerAll's vision is to establish and perpetuate a strong brand name as a one stop shop for affordable digital gaming products.
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 or 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).