Exclusive Automotive Group (EAG), a factory-authorized dealer for Aston Martin, Bentley Motors, Koenigsegg and Karma Automotive, announced the company is accepting cryptocurrency for payment for goods and services from BitPay, the world’s largest provider of Bitcoin and cryptocurrency payment services. Exclusive Automotive Group’s ability to accept cryptocurrency allows the dealership to tap into the massive crypto marketplace and attract new customers.
“Cryptocurrency is on a path to mass adoption by consumers and many people are already using it to make significant purchases,” said Mehdi Soltanian, General Sales Manager at Exclusive Automotive Group. “Exclusive Automotive Group and our brands – Aston Martin, Bentley Motors, Koenigsegg and Karma Automotive – have always been at the forefront of innovation and market trends, and we’ll continue to do so by offering our customers another method of payment that is convenient, fast, and secure.”
BitPay pioneered blockchain payment processing to enable borderless payments using cryptocurrencies like BTC, BCH, DOGE, ETH, LTC, WBTC, and stablecoins BUSD, DAI, GUSD, USDP, and USDC. BitPay’s business solutions eliminate cryptocurrency price volatility and risk to the consignor.
“Luxury goods is one of the fastest growing segments for crypto purchases through BitPay and high-end autos are very popular,” said Merrick Theobald, Vice President of Marketing at BitPay. “Exclusive Automotive Group realizes the potential for crypto to transform the car market, and their leadership will help accelerate mass adoption of crypto currency in their industry.”
Exclusive Automotive Group is the exclusive seller of Aston Martin, Bentley Motors, Koenigsegg and Karma Automotive vehicles in the Mid-Atlantic. Known for their events and passion for world-class luxury, Exclusive Automotive Group is one of the top luxury and exotic car dealers in the United States.