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Topic: [2014-09-05] MIT Coop to accept bitcoin payments (Read 716 times)

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September 05, 2014, 03:36:02 AM
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http://www.bostonglobe.com/business/2014/09/04/mit-coop-accept-bitcoin-payments/fkd1gsN3QdIw9reffU7VNM/story.html

From T-shirts to trinkets bearing the school logo, the COOP store at the Massachusetts Institute of Technology lets shoppers show off their high-tech bona fides. Now there’s another way: Customers can pay for their purchases using the electronic currency bitcoin.

The campus bookstore says it is the first in the nation to accept bitcoin, a fringe payment system that is gaining popularity for its low transaction fees and perceived security. Several major retailers, including Amazon, Target, and Victoria’s Secret, accept bitcoin payments.
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