Ralph Lauren's Miami Store Will Accept Cryptocurrency Payments
Cryptocurrency adoption has significantly increased over the last few years. More and more stores and businesses are opening their doors to the emerging new asset class. American fashion brand Ralph Lauren has revealed that they will accept crypto currency payments at their Miami store. The Miami store will be the first outlet for the fashion brand to accept crypto payments. The move to accept digital currencies comes with a partnership with BitPay, the popular payments application. Customers can use popular crypto currencies such as Bitcoin (BTC), Ethereum (ETH), and Polygon (MATIC) at the Miami Ralph Lauren store. Moreover, the store will also process refunds in the crypto used to make the original payment. The company is also working with Poolsuite, an NFT-gated membership that encourages the Miami lifestyle. All 3,000 members of the Poolsuite community will get a co-designed Ralph Lauren x Poolsuite NFT as the first component of the partnership. This will grant entry to a part...