According to local media reports, New York’s luxury fitness club Equinox will begin accepting payments for gym services in cryptocurrencies.
This made Jim the first big Apple to approve digital currencies in business, according to anonymous sources. To that end, the company will partner with BitPay, a popular cryptocurrency payment service, for its new infrastructure.
Equinox customers can now pay in cryptocurrencies
The development Is in line with Equinox’s goal of meeting members “physically and digitally,” sources added. Nevertheless, the decision is currently awaiting official announcement by Equinox.
Many carry-on businesses, including gymnasiums, have had a major impact on sales due to the pandemic-fueled recession. Recovery is gradual, but present. Equinox itself reports a 122% surge in sales in the first quarter of 2022 compared to the first quarter of 2019.
With the service starting at $ 250 and its new cryptocurrency payment scheme, Equinox is reported to expect further improvements in sales this quarter.
Companies that use cryptography for payments
With the massive growth of the cryptocurrency industry experienced over the last few years, the number of companies, organizations and even cities that are beginning to accept such assets for payment is skyrocketing.
Recent examples include a huge European device retailer – Media Markt – And Australian convenience store chains – On The Run (OTR).The latter customer Can pay More than 170 corporate locations in South Australia have digital assets for fuels, commodities and services.
eBay has also come up with the idea of allowing cryptocurrency payments. Company CEO Alluded to Nowadays, the company wants to do more work with the younger generation, one way to do it is to allow payments on digital assets.
Rio de Janeiro also wants to be part of this ongoing trend.Report Appeared In late March, the city claimed to be the first in Brazil to allow citizens to pay taxes in cryptocurrencies. This came after speculation that Brazil would introduce new regulations into the digital asset industry.