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Elektra, Mexican Retail Giant Becomes First Retail Store To Accept Bitcoin

Earlier Today, Mexican retail giant, Elektra owner, Ricardo Salinas Pliego announces Bitcoin as a payment method. Then, Ricardo also notes on Twitter that Elektra is the first ever retail store in Mexico to start Bitcoin payments.

“Los rumores son ciertos 😎, @ElektraMx es la 1er tienda (de retail) en México 🇲🇽 que permite comprar con #Bitcoin.”

“Siento mucho volver a ganarle a la competencia 😂😜😎.” — Ricardo Salinas Pliego (@RicardoBSalinas) December 16, 2021

Furthermore, Elektra is taking a huge step to activate Bitcoin payments. That’s, through offering additional 20 percent discount to its customers using crypto for purchase.

More so, This move is in collaboration with the ultimate crypto payment gateway, Bitpay. Notably, Elektra customers will use the payment gateway to process their BTC transactions.

Additionally, Elektra website reinstates the risks with crypto investments. Then, notes that the use and security of the customers’ e-wallet is in the hands of user. Of course, the company will not be responsible for any loss or mismanagement.

“The user accepts and recognizes that the access,..”
“use and security of his wallet is the sole responsibility of the user and…”
“at no time is Elektra, nor will be, responsible for the access, use and security of the user’s wallet”

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Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.