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Alza introduces a payment by Litecoin

Prague, February 5, 2018 - Alza today introduced another cryptomite within its e-shop, this time Litecoin (LTC). Payments will be available at e-shops alza.cz, alza.sk, alza.de, alza.at, alza.co.uk and alzashop.com. Customers can now exchange this currency (as well as BTC) in ATM’s situated in Prague and Bratislava. In addition to LTC, DASH exchange is also available. The ability to pay for goods using Dash will be added at a later date. 

Compared to BTC, Litecoin's network charges are lower, and transactions are faster (seconds to minutes). The advantage of cryptography is also that this online payment method can be performed without the user having a current online bank account. In addition to LTC reimbursement on the web, customers can use the ATM's in Prague and Bratislava, where they can also buy Litecoins and Dash cryptographies in addition to Bitcoin. The ATM machines are operated by the contractual partner of General Bytes ltd

"The number of orders paid using Bitcoin is growing on Alza. Since implementation, it's sales are in the tens of millions, and there have been thousands of orders. To a large extent, BTC is used to purchase cryptomimeter mining components. We have had steady interest in the hardware wallets as well, such as the popular TREZOR from the Czech company SatoshiLabs. We are now expecting a similar development for Litecoin", said Jan Sadílek, Alza, Internet Marketing Manager.

Litecoin is younger than Bitcoin, introduced in 2011. But it is an alternative digital cryptomite based on BTC. An important feature of Litecoin is its full decentralisation - no one can influence the currency in any way, control cash flows or cause inflation.

Even Dash has the advantage of low fees and instant payments without waiting for network confirmation. According to current trends, this is a great investment opportunity.

All processes are resolved internally only.

More about how Litecoins work here

Bitcoins here

About Alza.cz as

The Internet Market Leader and Trendsetter. This is evidenced not only by the record turnover in 2017, in which Alza generated almost CZK 21 billion excluding VAT, but also had a number of innovations in the field of e-commerce (payment by Bitcoin, Litecoin, sale of electric cars on-line, a separate subject B2C E-commerce at the Prague University of Economics, expansion to Hungary, Austria and others). Alza delivers its goods and has open stores during the weekend. Customers can pick up their orders in a wide network of self-service AlzaBoxes. The company also offers a unique Alza Premium club program, supports start-ups, has opened Alza TechZone in Holešovice for gaming enthusiasts and hi-tech enthusiasts, launches the shop of the future, opens up a professional photo studio, SmartHome and constantly expands its product portfolio. Alza has won many awards for its achievements, such as The Most Trusted Brand among E-shops, Crystal Lupa, MasterCard Dealer of the Year etc. The company behaves responsibly, last year it supported over 40 nonprofit organisations. The most important Alza milestones can be found here.

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