We accept Bitcoin & co.
PARINI'S moves with the spirit of the times. Accordingly, we would also like to enable you to make payments with cryptocurrencies. In cooperation with Coinbase we accept Bitcoin, Litecoin, Ethereum and Bitcoin Cash.
Using Bitcoin & co. to process transactions is easy and accessible to everyone. If you are not yet familiar with this new technology, we recommend this Guide.
1. User autonomy
Bitcoin's primary gain for many users - and indeed one of the central tenets of cryptocurrencies in general - is autonomy. Digital currencies allow users more autonomy over their own money than fiat currencies, at least in theory. Users can control how they spend their money without dealing with an intermediary agency such as a bank or government.
Bitcoin purchases are discreet. Unless a user voluntarily publishes their Bitcoin transactions, their purchases will never be linked to their personal identity, much like pure cash purchases, and cannot be easily traced back to them. In fact, the anonymous bitcoin address generated for user purchases changes with every transaction. That doesn't mean that Bitcoin transactions are truly anonymous or completely undetectable, but they are much less easily linked to personal identity than some traditional forms of payment.
3. Peer-to-peer focus
The Bitcoin payment system is a pure peer-to-peer payment system, which means that users are able to send and receive payments to anyone on the network around the world without the approval of an outside source or authority need.
4. Elimination of bank charges
While it is standard among cryptocurrency exchange offices to charge so-called "maker" and "taker" fees as well as occasional deposit and withdrawal fees, Bitcoin users are not subject to the litany of traditional banking fees associated with fiat currencies are connected. This means, among other things, no fees for account management or minimum balance, no overdraft fees and no fees for returning deposits.
5. Very low transaction fees for international payments
Standard transfers and overseas purchases usually involve fees and exchange costs. Since there are no intermediary institutions or government involvement in Bitcoin transactions, the processing costs are kept very low. This can be a great benefit for travelers. Plus, every Bitcoin transfer is very quick, eliminating the inconvenience of typical approval requirements and waiting times.
6. Mobile payments
As with many online payment systems, Bitcoin users can spend their coins wherever they have internet access. This means shoppers never have to travel to a bank or store to purchase a product. However, unlike online payments with bank accounts or credit cards, personal information is not required to complete a transaction.
Since users are able to send and receive Bitcoins only with a smartphone or computer, Bitcoin is theoretically available to groups of users without access to traditional banking systems, credit cards and other means of payment.