Auto Parts Retailer NewParts Now Accepts Crypto Payments

Now Accepting | October 9, 2018 By:

Online auto parts retailer NewParts, in partnership with e-commerce platform Shopping Cart Elite, is now accepting payments in seven cryptocurrencies.

Based in Nashville, Tennessee, NewParts offers a vast selection of automotive products, with a catalog of over one million parts. It claims to prioritize customer experience by accelerating deliveries through the strategically placed warehouses and by offering free ground shipping.

NewParts is now opening its store to customers around the world by accepting payments in cryptocurrencies, including Bitcoin Diamond (BCD), Bitcoin Cash (BCH), Bitcoin (BTC), Bitcoin Gold (BTG), Dash, Ethereum (ETH), Litecoin (LTC) and Zcoin (XZC).

“By paying with cryptocurrency, customers around the world now have unprecedented access to NewParts’ wide array of auto parts with lightning-fast transactions that take just minutes to process,” the company said.

NewParts said that the new payment method will enable them to pass savings to customers since crypto transactions eliminates currency conversion fees and charge-backs.

“NewParts is committed to making our massive inventory of auto parts as accessible as possible to our customers,” said CEO Dano Ramovich. “That’s why we decided to allow our customers to pay with cryptocurrency — it opens up our business to international markets and enables us to accept and process transactions more quickly and affordably.”

NewParts joins a growing list of companies in the automotive sector that accept crypto payments. These include Lamborghini Newport Beach, Cars.com, Carbidnow, VinAlert, 6speedonline.com, and Sam Pack’s Five Star Ford.