Wednesday, January 29, 2014

Texas Firearms Dealer first to accept BITCOIN


Michael Cargill is a tireless fighter for liberty in Travis County.  Whenever there's a local campaign, Michael shows up and works his tail off.  Michael's business, Central Texas Gun Works, made a major announcement today:
AUSTIN, Texas --(Ammoland.com)- Beginning Monday, January 27, 2014, Central Texas Gun Works, owned by Michael Cargill, became the first firearms retailer of Texas to accept online payment in the new Bitcoin (www.bitcoin.org) currency system, an innovative payment network changing the way consumers use digital currency.

Starting Wednesday, January 28, 2014, Central Texas Gun Works will accept Bitcoin for all in-store transactions, including the sale of firearms, ammunition, accessories, and class registrations.

Bitcoin uses instant, worldwide, peer-to-peer transactions to make payments over the Internet. Using a mobile app or computer, bitcoins are purchased through a Bitcoin exchange network or from individuals. Consumers are able to shop at Central Texas Gun Works using their personal Bitcoin wallet to make payments. This form of payment is faster and more convenient than paying with a check, debit or credit card and includes increased privacy and security.

For businesses, like Central Texas Gun Works, using Bitcoin costs little to maintain, reduces risk of chargebacks or reversals, and protects against fraud, resulting in a lower cost to merchants than check or card transactions. Additionally, businesses can accept faster payments and incur a lower cost to protect sensitive information about their customers, including account information and credit card numbers. Central Texas Gun Works has partnered with BitPay as its Bitcoin merchant services provider.

“We are thrilled to be able to accept Bitcoin, a new, innovative form of payment, from our customers,” says Central Texas Gun Works owner, Michael Cargill. “We hope by using this currency in Austin, it will help to generate new customers and attract more visibility for our business.”
Bravo Michael; read the whole thing here.

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