November 18, 2020
A major Innisfail business has launched a North Queensland first by offering to accept payment for its furniture items in digital currency—all developed in Queensland.
Innisfail based, Furniture World, one of the North’s major furniture retailers has introduced Qoin digital currency to its customer base as its digital currency of choice.
Furniture World provides residential and commercial furniture throughout North Queensland.
Owner, Peter Greven, started Furniture World in 2002 and it is now a multi-million dollar business in the North.
“I have been watching the growth of digital currency for some time and I felt the time is right for us to make the move.
“Qoin is Queensland based which is a big plus for me and I know that dozens of other businesses in North Queensland are now using Qoin.
“Qoin is easy to use and easy to understand and is perfect for small to medium sized businesses.
“QOIN HAS HAD HUGE TAKE UP IN AUSTRALIA WITH MORE THAN 11,000 VALIDATED MERCHANTS JOINING THE QOIN COMMUNITY IN THE FIRST NINE MONTHS. WITH QOIN LAUNCHING INTO NEW ZEALAND AND FURTHER GLOBAL EXPANSION PLANNED IN 2021, QOIN IS CONFIDENT THAT THIS SUCCESS CAN BE REPLICATED IN OTHER COUNTRIES”
“We have come through COVID-19 so far and there has been a push during COVID for people to look at alternatives to cash.
“Qoin has hit the market at the right time.”
In the last nine months, more than 11,000 Australian small businesses have joined Qoin, the newest digital currency. Built on blockchain, Qoin offers merchants and consumers an innovative and secure alternative to connect and interact.
Qoin Australia Chief Marketing Officer Andrew Barker says, “Merchants and consumers are becoming more aware of the concept of digital currency. Global trends indicate that digital currency is the future way to conduct business.
“Supporting small business is the cornerstone of Qoin. The Qoin model stands apart from other digital currencies in that the value of Qoin increases as the merchant ecosystem grows. The more businesses that join the Qoin community, the more everyone benefits, providing a vital boost to local economies.
“Now more than ever, Australian small businesses are looking for innovative ways to sustain cashflow and make the most of their down time. Qoin enables them to do both while offering a payment method to their customers that is fast, secure and virtually contactless.
“Qoin has had huge take up in Australia with more than 11,000 validated merchants joining the Qoin community in the first nine months. With Qoin launching into New Zealand and further global expansion planned in 2021, Qoin is confident that this success can be replicated in other countries.”
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