As the world becomes more and more digital-friendly, more companies are giving different payment options via the Internet. Long gone are the ages of only cash; now we can pay through credit cards, debit cards, and now even cryptocurrency. CarReg is one such company that allows its users to pay through cryptocurrency.

What is Cryptocurrency?

Cryptocurrency is a new and emerging form of payment. Cryptocurrency is a digital currency that is used for goods and services. The significant benefit of cryptocurrency is the security with every transaction.

It uses strong cryptography to secure every online transaction. Cryptocurrency works entirely online; there is no need to physically pay for goods and services when using cryptocurrency.

What does CarReg Sell?

CarReg is a company based in the UK that specializes in buying and selling private number plates.  All of their number plates are DVLA registered, and you can buy directly through them. You can sell your number plates to them as well as buying number plates.

They offer online discounts to those buying number plates online and provide well prices for those who wish to sell their number plates.

Can I Trust CarReg?

CarReg has been working for 30 years, buying and selling number plates. Throughout these years, CarReg has built a reputation, and there are many reasons to trust CarReg with your number plates.

  • They have been trading for over 30 years.
  • The staff is experienced, friendly, and professional.
  • Online payment is an option available, and it is exceptionally secure.
  • CarRegis a member oftheFederation of Small Businesses, Members Inst. of Reg. Agents & Dealers, Cherished Numbers Guild, Cherished Numbers Dealers Association, Registration Numbers Club, All Trade Bodies and recognized by the DVLA.
  • There is a refund policy if the number plate transfer fails.

CarReg Accepts Cryptocurrency

You can rejoice as CarReg is now accepting cryptocurrency payments for number plates for those who prefer to pay online and through cryptocurrency. CarRegwill be the UK’s first number plate supplier, with the opportunity to pay through cryptocurrency.

In the initial stages, only Bitcoin and Ethereum will be accepted. In addition to only these two being accepted, an option to pay through cryptocurrency will only be available for purchases above 2,000 pounds.

However, in a statement released by CarReg, they state that they are planning to accept all of the cryptos available. They also stated that they plan to accept cryptos for less valuable plates.

Bitcoin has seen a massive surge after the company Tesla invested in the currency. As the value of Bitcoin increases and there is more demand for cryptocurrency, it is only natural that more and more companies will accept cryptocurrency as payment.

Conclusion

CarReg is staying ahead of the times by allowing cryptocurrency as a form of payment. From a marketing point of view, this is a brilliant move as it broadens its audience and provides flexibility to the customers to pay from whatever method they like.

Hopefully, more and more types of cryptos will be accepted on almost all purchases. The future looks bright for avid supporters of cryptocurrency.