Avnet is a fortune 500 company based in Phoenix Arizona USA. As one of the worlds largest distributors of computer and electrical components, it comes to no surprise, that they have been keeping a close eye on how the blockchain ecosystem has been evolving.
In partnership with Bitpay, Avnet will be accepting Bitcoin (BTC) and Bitcoin Cash (BCH) as payment. Details of how to use crypto as payment have been published on the Avnet website, however, with a fixed 1% fee. Avnet have acknowledged that the world is going digital and will need to be ahead of the curve:
With approximately 250,000 on-ledger Bitcoin transactions being made every day, we understand that the landscape is changing, and we’re positioning ourselves – and our clients – to be ready for it.Avnet