Mi Store in Portugal adds support for payments in five cryptoassets – Bits Media

Portuguese branch of Chinese electronics manufacturer Xiaomi starts accepting BTC, ETH, USDT, DASH and UTK to pay for goods and services.

Mi Store Portugal, Official Xiaomi Retailer, announced the addition of cryptoasset payment support for the purchase of Xiaomi devices. According to the official Mi Store Portugal website, Now customers can choose a payment option in BTC, ETH, USDT, Dash and UTK when placing an order.

The new payment method is available through a partnership with UTRUST, European payment platform on the blockchain.

“Xiaomi is the second largest phone manufacturer in the world, And now their local department accepts the money of the future to pay ", - claims Utrust.

According to the analytical company Counterpoint, in the II quarter 2021 year Xiaomi bypassed Apple, Having become the second largest mobile phone manufacturer in the world.

Mi Store Portugal is the only official retailer of Xiaomi certified products in Portugal. Now the company has six stores throughout the country and is in the process of expansion.

Marketing Director Mi Store Portugal Pedro Maya (Pedro Maia) said, that the company's decision to accept cryptocurrency payments is consistent with the desire of Xiaomi to innovation.

“We are a technological and innovative brand. That's why we always want to be one step ahead. We want to give all true fans of technology to buy our favorite gadgets for the most technological money ".

Last year, it became known about the intention of the Portuguese government to create “technological free zones” with adapted regulatory regimes, to stimulate experiments in the field of artificial intelligence, Blockchain and 5G.