The nationwide lease broker is now accepting the currency as a method of payment for its handling charge, which is applicable to all new cars leased.

The company said that it’s making the change to facilitate customer payments. It added that due to Bitcoin being a decentralised peer-to-peer currency payments, it can be transferred easily between wallets (accounts) no matter who hosts it; making it a seamless and easy to use worldwide currency without exchange rates.

In a statement the firm said its finance department ‘noted that after much research the decision to accept Bitcoin was an easy one. With secure transactions taking place externally there are no additional website development costs and it opens up exciting new revenue opportunities for the company’s wide range of vehicles online.’

Craig Day, sales manager at Intelligent Car Leasing, added: ‘We are always on the lookout to give customers the best online shopping experience possible. Whether this is by giving them more flexible methods of payment or an easy to use website we try to stay ahead of the curve. Being the world’s first leasing company to accept Bitcoin we’re certainly doing that with this move.’ 

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