Country for PR: United Kingdom
Contributor: PR Newswire Europe
Tuesday, May 03 2022 - 07:40
Camper & Nicholsons International selects BitPay to accept cryptocurrency payments
GENEVA, May 2, 2022 /PRNewswire-AsiaNet/ --

Camper & Nicholsons [], the global leader in 
all luxury yachting activities, specializing in the sale, purchase, charter, 
marketing, management, and construction, project management and insurance of 
the finest yachts in the world, today announced the company is accepting 
cryptocurrency for payment for goods and services from BitPay 
[], the world's largest provider of Bitcoin and 
cryptocurrency payment services. 

The ability to accept cryptocurrency enables Camper & Nicholsons to attract new 
customers and sales by tapping the massive crypto marketplace. The 240-year-old 
company accepts cryptocurrency payments for all of its yacht fleet for sale, 
charter and all services provided.

"We decided to accept crypto to expand our market, cater to new consumer 
preferences, and give customers more options, flexibility, and freedom," said 
Paolo Casani, CEO at Camper & Nicholsons. "BitPay manages the entire process 
and makes it easy and safe to receive crypto from the customer and deposits 
cash into our account."

Camper & Nicholsons benefits by adding cryptocurrency to its payment options 
while reducing high fees increasing payment transparency and efficiency. BitPay 
pioneered blockchain payment processing to enable borderless payments using 
cryptocurrencies like Bitcoin (BTC), Bitcoin Cash (BCH), Dogecoin (DOGE), 
Ethereum (ETH), Litecoin (LTC), Shiba Inu (SHIB), Wrapped Bitcoin (WBTC) and 5 
USD-pegged stable coins (BUSD, DAI, GUSD, USDC, and USDP). BitPay's business 
solutions eliminate transaction fraud, reduce the cost of payment processing, 
and enable borderless payments in cryptocurrency. Using BitPay, Camper & 
Nicholsons receives settlement the next business day directly to its bank 
account in its local fiat currency such as USD or Euros. There is no 
cryptocurrency price volatility or risk to the company. 

"Camper & Nicholsons realizes the potential for crypto to transform the 
yachting industry, making payments faster, more secure, and less expensive on a 
global scale," said Merrick Theobald, Vice President of Marketing at BitPay. 
"With the total market cap of crypto approaching $2 trillion, Camper & 
Nicholsons is also now well-positioned to take advantage of this wealth by 
helping those crypto holders who are looking to purchase luxury items like 
yacht sales and yacht charters."

About Camper & Nicholsons

Camper & Nicholsons International is one of the oldest yachting companies in 
the world, founded in 1782 as a shipyard in Gosport, England. Today, Camper & 
Nicholsons is the global leader in luxury yachting activities with 11 offices 
around the world spread across 4 continents. Camper & Nicholsons provides 
full-scale turnkey services for clients including Sales & Purchase, New 
Construction, Yacht Charter, Yacht Management, Project Management, Charter 
Marketing, Crew Placement, Refit & Repair, and Capital and Insurance.

Camper & Nicholsons has been involved in over 2,400 yacht projects since 1782. 
Today, we have over 140 yachts in our sales fleet and charter management fleet 
and over 44,000 gross tonnes of yachts under our management.

For more information visit

About BitPay

Founded in 2011, BitPay is one of the oldest cryptocurrency companies. As a 
pioneer in blockchain payment processing, the company's mission is to transform 
how businesses and people send, receive, and store money. Its business 
solutions eliminate fraud chargebacks, reduce the cost of payment processing, 
and enable borderless payments in cryptocurrency, among other services. BitPay 
offers consumers a complete digital asset management solution that includes the 
BitPay Wallet and BitPay Prepaid Card, enabling them to turn digital assets 
into dollars for spending at tens of thousands of businesses. For more 
information visit

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Cintia Pinto 
T: +41 22 810 82 01 
M: +41 79 722 17 82

Source: Camper & Nicholsons SA